Year End Bonus Even After Resignation
The offer letter made to me in the beginning of the year promised me 50000 rupees bonus at the end of the year (December), however I resigned from the resigned and left the company in October. The exact words in my offer letter are as follows "A year end bonus of 50,000 INR, which will be offered based on your performance in this role, effective from January 1st, 2020. Incase of any role change within the year, the bonus due at the year end shall remain valid. Performance: Performance for this position will be evaluated based on the ability to comply with work schedules and execute all work related responsibilities in a timely and accurate fashion. The employee is expected to fill in the KPIs and Weekly Reports specific to their role. If either party decides to terminate the employment, a notice period of 2 months will be required." Based on these above statement am I still eligible to receive the part of the bonus for the time that I have worked with them?
Free Legal Advice - labour and service laws
Posted by: Sourav
Posted on: 2020-12-14
Dear Sir, You may try for 80% of the bonus threatening to approach Labor Court or Civil Court.
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The offer letter made to me in the beginning of the year promised me 50000 rupees bonus at the end of the year (December), however I resigned from the resigned and left the company in October. The exact words in my offer letter are as follows "A year end bonus of 50,000 INR, which will be offered based on your performance in this role, effective from January 1st, 2020. Incase of any role change within the year, the bonus due at the year end shall remain valid. Performance: Performance for this position will be evaluated based on the ability to comply with work schedules and execute all work related responsibilities in a timely and accurate fashion. The employee is expected to fill in the KPIs and Weekly Reports specific to their role. If either party decides to terminate the employment, a notice period of 2 months will be required." Based on these above statement am I still eligible to receive the part of the bonus for the time that I have worked with them?
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Posted on : 2020-12-14
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