Failure to follow Ethics by reverting the revised CTC to old CTC after resignation.

Tags : Ethics failure,reverting new CTC,

Industry : IT Products
Functional Area : India, Quality Management

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Hi All,

I am working in a Software MNC based in USA as Software Engineer. I am currently based in Bangalore,India. I am going through this difficult situation.Please suggest me how to proceed.

I joined this company 2 years back in June month and hence according to our comapny policy I am eligilble for CTC revision in July month every year and I got the revised CTC amount as salary in July 2010 month end. But the company usually sends the breakup of new CTC a week or later, ie August first week.

The problem here I am facing currently is explained in the following lines.
I got a new offer on a good company during August 2010 second week. After much waiting for the breakup of new CTC I decided to go ahead with resignation since the new company cant wait for long. But I took attestation of last six months payslips from my financial officer as a proof of my July month salary according to revised CTC.But now when I went to financial offer and he is saying they may revert my CTC to old one. Also he is saying me to return the attested documents. How can I proceed with this ? Did comapny have right to revert my CTC once it is hiked?

I agree that I don't have official breakup mail of my revised CTC. But I have payslip with his signature and Tax reports for 201-2011 which also shows my new CTC.

Please let me know .

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Failure of Ethics by reverting the new CTC to Old CTC after resignation.

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Hi All, I am working in a Software MNC based in USA as Software Engineer. I am currently based in Bangalore,India. I am going through this difficult situation.Please suggest me how to proceed. I joine...

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	Anand Sharma \| Answered \| 1 year ago
	Hi Vishnu, Dear ur problem as per me is very critical n u will have 2 handle this situation by ur own. The company have no right to revert back the hiked salary n i suggest u 2 consult any legal person 2 guide u.

	Vishnu \| Answered \| 1 year ago
	Hi Vikram, Thanks for the reply. I am serving complete notice period of one month. This is just dirty politics. Only problem is that I didnt received the CTC break up document from financial officer. Payslips and Tax slip for 2010-11 are with me...

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