Dear Friends ,
I require some guidence from your end to claim LTA.
I was associated with a company for 11 months 16 days (14 days short for a year ) . As per the CTC which was offered by the Company LTA was a part of the package . When I left the Company the notice period was short by 14 days , but I paid the notice pay of 14 days as per the Condition of Service . During the full and final the Accounts Department of the Company refused to pay the LTA for the year claiming that LTA can be claimed only if the Employee completes on year of service .
My argument to the Accounts was LTA was a part of the CTC offered to me , so pro rata computed LTA should be given as done in most of the Companies . 2nd argument was I ahd paid the notice pay of 14 days which was not only on basic but on full wages .
Any how the Accounts Department did not listen and declined by LTA . I could not request the HR as I was the HR Head there .
Can anybody guide me which provisions of the Law I can take guide to claim the LTA . or what process should I follow to claim the LTA . Its pity that guranteed amount of CTC is not being paid.
regards,
Tusher
From India, Mumbai
1I require some guidence from your end to claim LTA.
I was associated with a company for 11 months 16 days (14 days short for a year ) . As per the CTC which was offered by the Company LTA was a part of the package . When I left the Company the notice period was short by 14 days , but I paid the notice pay of 14 days as per the Condition of Service . During the full and final the Accounts Department of the Company refused to pay the LTA for the year claiming that LTA can be claimed only if the Employee completes on year of service .
My argument to the Accounts was LTA was a part of the CTC offered to me , so pro rata computed LTA should be given as done in most of the Companies . 2nd argument was I ahd paid the notice pay of 14 days which was not only on basic but on full wages .
Any how the Accounts Department did not listen and declined by LTA . I could not request the HR as I was the HR Head there .
Can anybody guide me which provisions of the Law I can take guide to claim the LTA . or what process should I follow to claim the LTA . Its pity that guranteed amount of CTC is not being paid.
regards,
Tusher
From India, Mumbai
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Employee Appraisal Form new.doc