Bengaluru | 13 May, 2021 (2 months, 1 week ago)

Employment and Labour Laws

Bonus during notice period

Hi, I am working in this company from last 4 years. Last year they gave a retention bonus of 1 lakh, letter dated 30th May 2020 and it says "You will not be entitled to payment if you exit the organization before the due date of the retention scheme". So even if I am in my notice period I haven't exited the company so I should be eligible by that logic. Please give legal advice.
Answers
16 May, 2021 | 18:04

Hey,

So, from what I understand you sent in your resignation before the due date of the retention scheme but however by the time your notice period gets over the due date of the retention scheme is over. In this scenario, you want the bonus? If I have understood your query wrongly, then let me know. But, otherwise if I have understood it correctly then based on the interpretation of the clauses in your employment contract and the retention scheme, if they are favorable to you, then you can send a legal notice and claim the bonus.

If you have any further queries or anything, feel free to contact me on 7601090381 or advsanjaynarayandas@gmail.com


13 May, 2021 | 03:55

Yes
You can call me for advise on mobile no 9359867870
Advocate IRFAN SHAIKH


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