Hello experts
Recently I left a top Indian company (Bangalore work location) while I am on USA payrolls since year 2010. Every year, USA compensation is revised based on my performance and in that letter company shows India salary as CTC only (no breakups). During full and final settlement, I surprised that my basic salary arrived with a notional figure (HR calls as Shadow fitment) which is less than 50 percentage of CTC shown on last year USA pay revision letter. Is there any law provision to calculate like that? Can I file a complaint with labor office? Please help and suggest me.
From United States, Irvine
Recently I left a top Indian company (Bangalore work location) while I am on USA payrolls since year 2010. Every year, USA compensation is revised based on my performance and in that letter company shows India salary as CTC only (no breakups). During full and final settlement, I surprised that my basic salary arrived with a notional figure (HR calls as Shadow fitment) which is less than 50 percentage of CTC shown on last year USA pay revision letter. Is there any law provision to calculate like that? Can I file a complaint with labor office? Please help and suggest me.
From United States, Irvine
1534Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Full n final settlement.doc
Full & final.xls