Saturday, March 12, 2016

MNC Companies - कैसे दोखा दे रही हे MNC COMPANIES अपने EMPLOYEES को। VARIABLE PAY AND BONUS के नाम पर धोखा

Technical चालाकी से  Basic pay 40% increase कर दी Total CTC same ताकि बोनस न देना पडे, बोनस एक्ट केवल 21000/- basic salary 

Human rights, MNC Companies and government of India Transparency Initiative 

कैसे दोखा दे रही हे MNC COMPANIES अपने  EMPLOYEES को।  VARIABLE PAY  AND BONUS के नाम पर  धोखा। 

INDIAN GOVERNMENT does not have control over this financial misconduct. companies लगा रही है, चुना सरकार को जनता को भी। 

क्या भारत सरकार जनता के हितो को सुरक्षित करने में सक्षम है। सरकार  क्या कदम उठती है ये बहुत जरुरी प्रशन है । 

Case-1: Cheating in the name of bonus or variable pay. Companies placing the high-value target and at the end, they say we have not achieved the target so on paper they mention variable pay 1- 2 lakhs but actually paid is 15000 to 30000, means financial misconduct.

The government should make a rule that companies should mention everything on employment letter in figure not in word s as per company performance-should mention max figure and minimum figure- this is like theft of Income-tax by companies. Definition of CTC should be defined and controlled by the government body.

Employee Turnover should have to mention on a company website.

Ref: PIB 11 March 2016  DSM/KA (Release ID :137820)

Case- 2: Companies forcing an employee to sign one-sided bond. The company can fire employee any time but employee needs to pay a lot of time and money.

Looking for some initiative from government site - Require penalty clause for the company also.

Case-3 Companies teasing employee to not giving proper service certificate without that employee cannot join any good organization means stop mark in his growth.

Govt. should have to make tight rules in this subject


- Creating issue in gratuity settlement.

- Creating issue in EPF settlement.

- Creating Issue in service certificate

- Creating an issue in accepting the resignation and threaten employee to give a termination letter. May threaten by putting a charge of misconduct, theft etc only for their organization benefit.

The government needs to make some website for an employer this kind of misbehavior, Penalty clause for spooling employee career. If this is regular practice by the company. Then human rights commission should come in the picture to save employee human rights.
No clause for action on MNC Company they follow hire and fire rule.

No place to submit complains against an employer for their misbehavior/ wrong bond, not treating properly.

The difference in the Salaries of Indian and Foreign Employees for the Same Level of Posts in MNCs Working in India

The remuneration payable by a company at the Board level is governed by section 197 of the Companies Act, 2013 (the Act) read with Rules framed thereunder which do not discriminate between managerial personnel, whether Indian or foreign. As far as below Board level employees of companies are concerned, whether Indian or foreign, their salaries are not regulated under the Act.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in a written reply to a question in the Lok Sabha.

PIB 11 March 2016 (Release ID :137815)

Human Rights Impact Assessment

The Companies Act, 1956/2013 does not contain any provisions related to human rights impact assessment (HRIA) for companies. Further, National Human Rights Commission (NHRC), which deals with complaints about alleged violation of human rights by a public servant only, does not maintain a separate incident code or record under the head Human Rights Impact Assessment (HRIA) for companies in India. In case of proven violation of human rights, NHRC can make recommendations to the concerned authorities in Central/State Government. Appropriate recommendations have been made by NHRC to the concerned government authorities for relief / rehabilitation of the project affected in cases of displacement of villagers/local people on account of acquisition of lands for ‘mega projects’ in various States. There is no proposal before the Ministry of Home Affairs or Ministry of Corporate Affairs to make HRIA mandatory for companies.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha

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