No Tags Found!


Anonymous
I have to join a new org. But with current org. there was a joining bonus deal stated: Details of salary and benefits are outlined in annexure 1, which also reflects the overall Cost to the Company (CTC). Joining amount of Rs. XXXXX/- shall be paid after 1-year completion. joining amount shall be recoverable in case you leave on or before 2 years from the date of joining. I have not yet completed 1 year in the org so have not received the joining bonus. If I quit before 1 year, will I have to pay the amount even when I have not received it?
From India
KK!HR
1534

You will not be required to refund an amount that you have not received at all. To recover an amount, it has to be tendered by the First Party and received by the Second party. If that has not happened, there is no question of recovering the money.
From India, Mumbai
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.