[Resolved]  Investors Clinic Infratech Ltd — Failure to pay salary, Incentives & other issues

Address:Delhi

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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Aug 13, 2020
Complaint marked as Resolved 
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Comments

he is correct i too agree...worst company
let me tell you the worst case which happened last year in the month of May.

In the particular company, almost all the employees cannot exit in the normal condition either they would be thrown away from the company or they just tainted by undue allegation of fraud, theft etc.. If any employee gets the better opportunity.

It is very practical situation that if any employee gets better opportunity then s/he does not tell the exact reason of his/her exit to the concerned stake holder after knowing the culture of the company they just put the personal issue in front of the management.

Let me tell you the case regarding the same.

There was one employee in the HR department (which is most sensitive department for any of the organization) to whom i always seen working very sincerely though he was underpaid, he never requested for salary hike and any other benefit. Out of all the member of that he was very cooperative to all the employee of this company. But his work was never valued and the credit always went to some other women of the department. Abruptly when he got the opportunity somewhere else he got the salary hike from them but he made commitment somewhere else so could not take his decision back and decide to move out from the company. He gave the excuse of some family problem considering that if he portray the exact reason then he would be pressurize by undue reason. He has given resignation and gave proper handover to his colleagues then also the management gave the worst treatment to him ignoring his hard work given to the organization.

I was surprised after seeing that he was charged with theft of data and the allegation of absconding after his move from the company. Moreover they send one mail about that employee to all the employees mentioning that he has been absconding from the company with some of the company assets besides he has given proper handover to his colleagues.

Why do not they people understand that employees have not done marriage with the company? If employer has the right to terminate employee then employee also has the rights to move out from the company.

Still that employee is in shock that how any company can behave like in this unprofessional manner.
I would suggest to concerned person that human being are valuable assets for the company. Don’t take them granted.

Not Giving N.O.C for withdrawl

I have booked a 1 bhk flat in AMAN III by Jaypee Infratech Ltd through Investors Clinic . It is going to be 3 years now nothing has been done by the builders. I asked Investors clinic to help me to withdraw they simply washed their hand. They are refusing to give NOC .

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