I was working with a private LTD company for 15 months. I resigned and left and asked for full and final settlement. The company sent me the F and F form with an advance against my name. When I asked for an explanation, they said I kept unpaid wages of employees with me. However, earlier, I had sent an email to finance/accounts stating that my senior had given money to run the branch from his pocket when the company did not send money on time. I refunded my senior from those unpaid wages. Therefore, I requested not to deduct it from my salary as the company didn't send the petty cash and other expenses to the branch on time.
Once, a senior official from the organization mentioned that they would confirm with the branch head if I really refunded him or not. The branch head confirmed that I paid him the amount. However, no action has been taken for more than 4 months now. These people have stopped answering my calls and not replying to my emails. Experts, please advise as my month's salary is pending.
From India, Pune
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Once, a senior official from the organization mentioned that they would confirm with the branch head if I really refunded him or not. The branch head confirmed that I paid him the amount. However, no action has been taken for more than 4 months now. These people have stopped answering my calls and not replying to my emails. Experts, please advise as my month's salary is pending.
From India, Pune
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few things to add up * no experience letter issues to me due to this which is affecting my career. * company has done this with many employees earlier all over india.
From India, Pune
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From India, Pune
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If I understand correctly, the company sent you money to pay wages of employees (or maybe contract workers) at your branch. Instead, you used the money to repay your manager for money you had borrowed from him.
How was this money accounted for? Did you show those "petty cash expenses" in the cash book and the source of payments? Did you inform the company accounts and payroll department of the same? Was this action approved? Were the petty cash expenses approved? Do you have a copy of the confirmation by your senior? What is the wording of the confirmation? Is your senior still with the company?
From India, Mumbai
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2497How was this money accounted for? Did you show those "petty cash expenses" in the cash book and the source of payments? Did you inform the company accounts and payroll department of the same? Was this action approved? Were the petty cash expenses approved? Do you have a copy of the confirmation by your senior? What is the wording of the confirmation? Is your senior still with the company?
From India, Mumbai
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Please right to your head HR or your functional head and explain them the whole situation. Seniors should surely take some action.
From India, Mumbai
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From India, Mumbai
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Dear Mr. SASWATABANERJEE,
Thank you for your reply. I would like to clarify the doubts.
1) The money was sent to pay wages of workers, but most workers left the work in the middle of the month because of poor management, resulting in unaccounted profit for the organization.
2) All the expenses were shown in petty cash, and a monthly report was sent to the head of finance and accounts every month.
3) The money borrowed from the regional manager was shown in petty cash as "Loan from the regional manager," which the accounts department knew about as they didn't send petty cash on time.
4) They never replied on time for all the cash demands and approvals. Since we were on the verge of losing business, we took decisions at the branch level, and every decision was informed to the VP by the regional manager.
5) The regional manager confirmed that he received money through mail to the VP and cc'd to me. The VP promised me he would take action soon to clear my dues, but there has been no reply and no action as of now.
6) The regional manager confirmed that he received cash from me against the amount he had given as a loan.
7) A senior also left the company just before me because of poor management.
8) The organization has a record of not paying Full and Final settlement on time and has many such cases pending across India.
The company didn't pay other allowances for over a year and now, as usual, expects me to forget the same.
Regards,
Shyam
From India, Pune
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Thank you for your reply. I would like to clarify the doubts.
1) The money was sent to pay wages of workers, but most workers left the work in the middle of the month because of poor management, resulting in unaccounted profit for the organization.
2) All the expenses were shown in petty cash, and a monthly report was sent to the head of finance and accounts every month.
3) The money borrowed from the regional manager was shown in petty cash as "Loan from the regional manager," which the accounts department knew about as they didn't send petty cash on time.
4) They never replied on time for all the cash demands and approvals. Since we were on the verge of losing business, we took decisions at the branch level, and every decision was informed to the VP by the regional manager.
5) The regional manager confirmed that he received money through mail to the VP and cc'd to me. The VP promised me he would take action soon to clear my dues, but there has been no reply and no action as of now.
6) The regional manager confirmed that he received cash from me against the amount he had given as a loan.
7) A senior also left the company just before me because of poor management.
8) The organization has a record of not paying Full and Final settlement on time and has many such cases pending across India.
The company didn't pay other allowances for over a year and now, as usual, expects me to forget the same.
Regards,
Shyam
From India, Pune
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FW Full and final settlement of all my dues including salary leave encashment Gratuity PF .zip
Full n final settlement.doc