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Employee Compensation On Forced Resignation

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  • Employee Compensation On Forced Resignation

    A senior employee of the level of CFO was forcibly transferred to a branch where there is no need for such a position. The person has worked for five years and regularly got good increments and variable pay and his performance was very good. However for political reasons and personal rivalry such a situation was created and the CFO had to resign feeling humiliated.
    All other senior managers keep quiet for fear of loosing their jobs.
    Can the CFO claim extra compensation over and above the statutory dues from the company for this ill treatment which has affected his professional life as he is still young with about twenty years of active professional life?

  • #2
    Company is bound to pay all statutory dues. But you can not approach a court just because company transferred you and you refused to go there and resigned. Such resignation cannot be considered as forced resignation.
    Regards,
    Santosh

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