I want to leave my company, but with Pay accrued

Community Forums Legal Advice India I want to leave my company, but with Pay accrued

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      User_cc0b1616
      Participant
        U
        User_cc0b1616
        PARTICIPANT
        January 24, 2025 at 4:22 pm
        Hi All,

        I’ve been working at this firm and I just don’t understand the firm policies, especially on Variable payout.

        My variable pay is 20% of the CTC, and my notice period is 3 months. Today, the company announced the variable payout for CY24 and this will be paid in the salary of April 25 (accrued till Dec 24).

        Now my dilemma is that if I leave the company, I will potentially serve 3 months of Notice, and they will mostly not pay the variable accrued for Last year, even if they promised a payout in writing.

        What can I do here?

        TLDR:
        20% of my CTC is Variable and they pay it out after 3 months from announcement with a 3 months notice period. Will potentially loose minimum of 6 months Variable pay whenever I resign. What can I do?

      • #67339 Reply
        User_cc0b1616
        Participant
          U
          User_cc0b1616
          OP
          January 25, 2025 at 1:14 pm
          Would be greatful for a solution, or should I just think of this as a sunk cost and forget about it.

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