No Tags Found!


exchameed
I worked in HCL Technologies from 10-Mar-2011 To 05-Sep-2017.
HCL has one yearly salary component on its salary structure that is YEPB (Year earned performance bonus) which is 10% of CTC which will be paid out on fulfilling below criteria every year.
* Should serve in the entire appraisal cycle (01-Jul To 30-Jun)
* Should be part of Aug payroll
* Appraisal rating "Met expectation"
Even though I met all the above criteria I have not paid with the YEPB in F&F. I dropped email to HR and my previous manager but no response.
Could you please advise I can legally approach

From Bahrain, Manama
rahul-dubey1
1

I have same experience, I worked in HCL for 2.5 years, the variable i got for 2nd year completion got deducted in F&F, which is not clarified by anyone yet ,
From India, Bhopal
KK!HR
1534

The criteria, should serve in the entire appraisal cycle (01-Jul To 30-Jun) & should be a part of Aug payroll are factual and verifiable, much would depend on the appraisal rating of having "Met expectation". Do you have an open system of performance appraisal and what is the performance feedback you have?. Met expectation or not, is it based on KPIs and what is your score?. Is there a bell curve method used to assess relative performance? The details of the Policy in this regard holds the key. You can bring out more details of the Year earned performance bonus scheme.
From India, Mumbai
Anonymous
I have same experience, I worked in HCL for 2.3 years, the variable i got for 2nd year completion got deducted in F&F
From India, Salem
Community 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.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.