Dear Mr Sarathy, In my view your company asking for refund of incentive paid earlier is completely wrong, they cannot insist, rather you can insist them to to give proper documentation and releaving you with all due respects. before this please ensure to collect the document on which you have collected the incentive. this will be a substantial proof for you to establish that the company had paid you an incentive. in any case as mentioned by our friends the issue is between both the companies, and you are no where involved. If the client is generated by you and as it is understood that without any contract been signed between both the companies you have supplied the manpower then you may be questioned about the procedural defect, but company cannot ask you to reply the incentive.
From India, Hyderabad
38From India, Hyderabad
Hi,
I may be wrong in my posting but this is my thought process and Seniors can correct me....
Generally the Incentive programs and Bonuses are tied with certain clauses. If your company has an incentive policy, please go through the clauses completely and act accordingly.
Certain clauses may state that after receving the incentive or bonus, you should work for a certain period, if not then the clause may state that the said amount should be paid back to the company. So as mentioned, I would suggest to go through the policy.
If there is no policy around the Incentive or Bonus plan, then the company has no rights to ask for a refund.
Thanks and Regards
Srinivas Marnade
From India, Hyderabad
I may be wrong in my posting but this is my thought process and Seniors can correct me....
Generally the Incentive programs and Bonuses are tied with certain clauses. If your company has an incentive policy, please go through the clauses completely and act accordingly.
Certain clauses may state that after receving the incentive or bonus, you should work for a certain period, if not then the clause may state that the said amount should be paid back to the company. So as mentioned, I would suggest to go through the policy.
If there is no policy around the Incentive or Bonus plan, then the company has no rights to ask for a refund.
Thanks and Regards
Srinivas Marnade
From India, Hyderabad
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