Community › Forums › Legal Advice India › I want to leave my company, but with Pay accrued
- This topic has 1 reply, 1 voice, and was last updated 1 year, 5 months ago by
User_cc0b1616.
-
AuthorPosts
-
-
UUser_cc0b1616
PARTICIPANT
January 24, 2025 at 4:22 pmHi 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? -
UUser_cc0b1616
OP
January 25, 2025 at 1:14 pmWould be greatful for a solution, or should I just think of this as a sunk cost and forget about it.
-
-
AuthorPosts