Retention bonus during notice period
1 year ago
Dear sir,
As per increament letter ,I am also be eligible for retention bonus which will be paid after completion of 1 year of service.if you leave service early you will not be eligible for any retention bonus.
Should I get retention money ,if i resigned on 1 Jan 2023 and complete 3 month notice period.
A.Dear Client you were in the company for more then one year then you are eligible for retention bonus.
Hope it helps.
Hope it helps.
Helpful
Helpful
Share
Subhashis Paul
Responded 1 year ago
A.If you are resigning after completing one year of your service and fulfilling all the criteria of your concerned company then you are definitely eligible for getting retention bonus.
Helpful
Helpful
Share
A.Dear Sir,
It depends upon your company rules and it cannot be a general rule to get retention money and it cannot be available to one and all.
It depends upon your company rules and it cannot be a general rule to get retention money and it cannot be available to one and all.
Helpful
Helpful
Share
Read Related Answers
Already Served 10 Days Out Of 15 Days Notice Period, But Have Still Not Got LWD.
Dear Client,
Please go through the terms and conditions of your employer employee contract once again and understand whether your release letter depends on the service company. if it does not then y...
Regarding obc NCL reservation
Dear Client,
There is a general reservation of 10% for the children of BSF officers in the BSF itself, but other general reservation quota depends on the institution.
Contractual Employer deducting PF
Dear Client,
the Industrial Disputes Act of 1947 defines layoff, it excludes employees in management or supervisory positions. The Act also states that an employee must be a 'workman' to be eligible...
Pf overlapped and now jobless
Dear Client,
Since your employment with the old company is based on contract for two months, you need to fulfill the said period and resign from the company by following the exit procedure. In case of...
Employment advice
Dear Client,
A manager cannot initiate the resignation process on behalf of the employee without the employee's consent. It is considered as a unethical practical and can have legal implications. You...
Read Blogs on Employment and Labour
Employment and Labour Lawyers
Find Lawyers by Location
