Ask gxxgle to compensate via the buy out option

Product Manager

I was offered a buy out last year to reduce my notice period on previous job. But it’s been cutback season ever since I joined, so I won’t be surprised if Google doesn’t offer buy out anymore.

Software Engineer

posting on behalf of a friend  he works at samsung and recently got an offer from google.   but apparently he had received a retention bonus of 6L from samsung this year. and now, the company is as...

posting on behalf of a friend - he works at samsung and recently got an offer from google. 

but apparently he had received a retention bonus of 6L from samsung this year. and now, the company is asking for it back.

is this return enforceable? how often do such big companies enforce it? what happens if he defaults? can he negotiate it down?

company is asking me to return my retention bonus

Quantitative research

company is asking me to return my retention bonus- Grapevine

Welcome to Indian Startups's Private Community

Trying to access what paths typically a company takes when an employee doesn’t return joining bonus after they resign within one year of joining. What are some some worst cases? Can they do a court cases? What happens in those scenarios. 
Basically had to leave the company due to weird company culture and frequent change in the roles.

Joining bonus return

Growth Manager

Welcome to Software Engineers's Private Community

Hi all, 

I’ve left a MNC as sde-1 before completing one year, sign on bonus clause says that I’ve to return 100% if I leave before completing one year. 

Sign on bonus in my case is 6.5 lakhs. Want to know if people usually return the amount? What are the consequences if not returned?

Returning sign on bonus

Software Developer

Welcome to Product Managers's Private Community

Hey folks, 
Got a full time offer as an APM and they offered: 
1. 10 LPA Base
2. 1 lakh Retention Bonus (will be given in the first month) 
3. 1 lakh ESOPS

Should I accept or negotiate for more? If I negotiate, which component should I negotiate and how much? 

Thanks in advance.

APM Fresher Salary

Sorry for the long post :(

I'm a 2021 graduate from a tier 3 college. I was working at a small startup based in Bengaluru that is into SAAS. The headcount is less than 20 and a completely remote job.

I don't have any notice period. I was told that I can leave the company whenever I want without any prior notice. And it's not mentioned anywhere in the contract. I had a promotion due in September 2022 in which the new agreement was supposed to be implemented where I had to serve a 90 day notice period and salary hike of 15% of my current CTC.

But the promotion was put on hold till now. I asked them multiple times but I was told that it's on hold indefinitely due to "shortage of funds".

On December 31st I sent a resignation letter as it will be my last working day. Even though it was a very short notice, I completed all the documentation about the things I worked on. Anyone who can understand English can deploy the entire product. And moreover everyone had worked on the product and almost everyone had a good understanding of the product. 

Sometime in 2021, I received a bonus of 62k which was sent to my personal bank account (the company itself didn't have a corporate account back then). Since the company didn't provide me any work laptop, I was told casually that I can use the bonus to purchase a new laptop or keep it to myself.

I made a mistake of now waiting to get the December month salary before resigning. Now he's telling me that the bonus he sent is for the company laptop and it will be adjusted as my December month salary. When I asked about the purpose of the bonus was not to get the company laptop but to keep it myself, he's refusing to accept it. (Almost everyone in the company uses their personal laptop).

And coincidentally there was a service outage as the company uses free services wherever available (for example, oracle cloud free tier, free version of slack, GitHub and lot more). Continued in comments....

My company is threatening me

My brother got this message from his HR. He had signed a 2 yr bond as fresher after bachelor's and he quit after a year. Can they do any harm in terms of career?

My brother got this mail from his HR

Investment Associate

A friend of mine left a small startup (less than 10 people) because they were paying him peanuts inspite of high workload (9am to 11pm, remote work) and were not willing to give any raise (they were paying him less than 50k per month after working for them for 6 years).

They often used the carrot dangling tactics where they would promise him and the others for "bright future ahead", which would eventually fizzle out to nothing but excuses.

Now that he has left, they are not clearing his FnF settlement of last 2 month's salary but are asking him to return his laptop. They are saying that they don't have any money and the current clients are not paying anything, and they can only pay when the clients pay them.

Can they take any action if he decides to not return the laptop till his FnF settlement is cleared ?

PS: the laptop is clean, no monitoring software installed. It had been completely formatted before being given to him. So it's as good as a personal laptop.

Startup not clearing fnf settlement but asking to return the laptop

Frontend Engineer

Let’s say I leave a company after 2 months. What would happen if I don’t return their joining bonus.

They have a clause in offer letter that says I should return the amount if I leave before a year.

Not returning joining bonus

Welcome to IT Company Discussion's Private Community

One of my friends recently received a counter offer from one of the MNC company.. So if the company offers a counter offer and After that he still doesn't join..then in that case is there any concern about the risk of being blacklisted as he might not choose to join the company even after accepting their counter offer. 
Is there a possibility of affecting his future opportunities with the same company? Do they black list for rejecting their counter offer?

Urgent Suggestion pls..

Welcome to Personal Finance's Private Community

i have received some amount today from Cognizant as salary today. But the catch is that I worked in Cognizant a year ago ( left around Sept 2022 ) . And even joined another company which i resigned from this july. Right now i am on a break from work unemployed due to medical reasons. And i really got some amount today as salary. I am confused - my F&F was settled last year only . can i contact someone at Cognizant ? did they do a mistake ?

Received random salary a year later

UX/UI designer

Hi, Has anyone ever negotiated salary around few days before joining? A friend has gotten an offer from Palo Alto Networks. He has signed and placed his resignation in his current company.

But during notice period he got another offer with higher base salary. I'm wondering since the offer was already signed with Palo Alto Networks, could we negotiate again? Would it cause any problems?

Has anyone ever done this before? If so, appreciate your suggestions.

Salary Negotiation Suggestion

Analyst

Welcome to Business Roles's Private Community

What is a reasonable ask while negotiating with startups?

Should I ask for a match or hike of X% over my TC/annum (52lk Base + 8lk Bonus + Rs30lk RSUs), or should I negotiate only over the Cash (Base + Bonus) component?

A startup I’m negotiating with is not considering the RSUs I have and is offering a 8% hike only on the cash component, and is throwing in ESOPs (paper money) instead.

What do I do?

Need help negotiating with a startup

Today I was asked by Hr to resign, with 60 days notice period. What shall I do to save myself from further exploitation by the firm. Also, if I resign might have to give back my joining bonus as I have completed 11 months

Laid off via PIP

Saw this post on reddit,couldn't see any legit advice .what do you guys think should be done?

Business analyst

Back in 2021, I joined a small company as a fresher with a promised CTC of 3.2 LPA and a 3-year bond. However, after joining, I discovered the actual base pay was only 1.8 LPA, and my monthly salary was just 10,500₹. So, after five months, I broke the bond and joined Accenture. 

Now, almost three years later, the previous company's advocates are sending me notices demanding 3 lakh rupees as bond repayment, and I even received a notice from the civil court yesterday. 

I'm not sure what to do next. 
Do you think this will affect my future job prospects? 

I have records of that company in my PF account, but I don't consider it as part of my work experience. 

Do you think future employers will ask for documentation for all companies listed in my PF records?

Broke Employment Bond: Legal Notice from Previous Employer

Back in 2021, I joined a small company as a fresher with a promised CTC of 3.2 LPA and a 3-year bond. However, after joining, I discovered the actual base pay was only 1.8 LPA, and my monthly salary was just 10,500₹. So, after five months, I broke the bond and joined Accenture as a fresher. 

Now, almost three years later, the previous company's advocates are sending me notices demanding 3 lakh rupees as bond repayment, and I even received a notice from the court yesterday. 

I'm not sure what to do next. 
Do you think this will affect my future job prospects? 

I have records of that company in my PF account, but I don't consider it as part of my work experience. 

Do you think future employers will ask for documentation for all companies listed in my PF records?

I paid X amount to my ex employer to get the early release for the unserved notice period days.

I went to the new employer to ask me to refund the amount but they declined. I paid little huge amount as compared to my monthly salary.

I was in bench in my ex employer and no training was given., no project was aligned. Also they were forcefully moving me to hyderabad for 1 project in which I was not comfortable due to my family reasons.
Now,I am planning to go to the labour court and file a case.. 

Will I receive any help.? Becoz all the fault was my x company , not the current employer..
Please guide

Test engineer

I was working in a toxic environment, which should be a separate post, too long to explain here, tldr, I was put in pip, and then I resigned and put my notice, I like a responsible employee started finishing off my projects and tasks, giving KTs to other folks and junior. but now after this my company is saying ur lwd is 2 days from now, when in my contract notice is 2 months, HR says company has the right to waive off notice period without paying severance. What can I do currently, I don't have any job back up, so have to be unemployed for a while without any severance. Is this legally right from company sides, what possible things can I do currently?

company is asking me to return my retention bonus

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