Hi, I am new on here and have a question RE TCE.
My company decided in February 2008 that they were all going to change our salary packages to TCE and therefore the HR Manager came down to the Cape to go through all our new packages. Nothing really had changed as per previous salary. We were advised on Monday that due to the TCE only starting in March that our bonuses that were paid out on Monday have been done pro rata and therefore would only be 10 months and not 12 as people were expecting. Does anyone know whether a company can do this? I started paying bonus tax from January 2008 which they have given back on our December salaries but prior to this everyone who had choosen to have thier full bonus in December obviously were expecting this!!!
Do you think the company is putting up smoke screens, at the end of the day they would have saved lots of money by not paying out those two months !!