I am an ex employee of Investor's Clinic Infratech Ltd (I am not even sure if they are a ltd co or not), the problems that i faced over there are as follows:
1) Salary is never paid on time.
2) Salary is not paid by the co, but by bosses who are heading the team.
3) No salary slips were ever given.
4) Working 7 days a week, even on public holidays, from 10 AM to any given time in the night.
5) No PF, Insurance, medical or anything.
6) Incentives or commission is never given on time.
7) Unrealistic Targets.
One of the core reason for me leaving IC was the false promises that we were being told to make to our clients. Once the co gets the 10% check, the client was let go off.
I dont know, whom to approach to get my hard earned money from the co. Any help would be much appreciated.
Below is an Email that was circulated to all employees by an unnamed employee:
HOW A BOSS IS RESPONSIBLE FOR THE DOWNFALL OF A COMPANY..
TO Mr. Honey Katyal
Set realistic expectations. Putting pressure on employees to perform
at a faster rate than is natural for them or to complete a task with
an unrealistic deadline is asking for trouble. Most people want to do
their best at work; it builds their self-esteem which feels good. So
unless you’ve hired a bunch of sabotaging masochists, trust each
person to do the best they can. Let each person find their own rhythm
and pace that supports their productivity. One person may seem slow,
but if it’s their natural pace, they will be just as productive in the
long run as the person who works at a speedier pace.
Treat employees as human beings. Work isn’t just about producing
results and achieving goals; it fits into a person’s lifestyle. If a
person chooses work they enjoy, it’s a reflection of their
personality. Relate to each of your staff as a unique human being
first and an employee second. The so-so boss is one whose needs are
more important than employees’ needs. He is not willing to be
flexible, thus showing little concern for his employees, and expresses
anger often. They generally misuse their power and authority. Piling
an unreasonable workload on an employee, being too controlling or
toying with an employees salary are other possible ways a boss can be
abusing his or her employees.
Verbal abuse, belittling and degrading comments can make an employee
negative and further leads to decline in productivity. Its fact that
in sales industry one need to face the blow from the upper level but
that should not be to that extent to make the individual demoralize.
RULES AND REGULATIONS SHOULD BE SAME FOR EVERY LEVEL IN A COMPANY. IF
THE MATTER IS OF PUNCTUALITY, IT SHOULD BE SAME FOR EVERY BODY WHETHER
HE IS A BDM OR PORTFOLIO OR EVEN THE GM. THE SUBORDINATES UNDER A TEAM
LEADER ARE NOT BLIND. THEY ALSO TRACK THEIR TEAM LEADER'S ACTIVITIES.
BUT THE PROBLEM IS THEY ARE ALWAYS PRESURIZED TO KEEP SHUT.
WE ALL ARE RESPONSIBLE FOR THE GROWTH AS WELL AS DOWNFALL OF THE
COMPANY.SO WE NEED TO CO-OPERATE WITH EACH OTHER.
UNFORTUNATELY PEOPLE IN IC ARE GETTING SELF CENTERED DAY BY DAY. THEY
KEEP THEMSELVES BUSY TO INTERFARE IN EACH OTHER SALES RATHER THAN TO
WORK JOINTLY.
(THIS MAIL IS ON BEHALF OF WELFARE OF IC. ALL THE ABOVE MENTIONED
STATEMENTS ARE TRUE AND I AM ONE OF THE EMPLOYEE OF IC BUT DUE TO
CERTAIN CONSTRAINTS I CANT DISCLOSE MYSELF.).
PLS LOOK AFTER THESE ISSUES AND GET IT SOLVED ASAP.
THANKS.
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