My friends and I started an internship at a private company in January, working on currency trading. Our offer letter promised an incentive of up to $800. However, we haven’t been paid anything since April. When we asked HR about it, they said there’s a new plan that lowers our incentives. Now, they’ve given us a new offer letter with a clause cancelling the previously promised variable pay and asking us to sign it. What should we do?

Apni Law
Apni Law
Law Forum › Category: Labour & Service › My friends and I started an internship at a private company in January, working on currency trading. Our offer letter promised an incentive of up to $800. However, we haven’t been paid anything since April. When we asked HR about it, they said there’s a new plan that lowers our incentives. Now, they’ve given us a new offer letter with a clause cancelling the previously promised variable pay and asking us to sign it. What should we do?
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Apni Law Staff asked 8 months ago

My friends and I started an internship at a private company in January, working on currency trading. Our offer letter promised an incentive of up to $800. However, we haven’t been paid anything since April. When we asked HR about it, they said there’s a new plan that lowers our incentives. Now, they’ve given us a new offer letter with a clause cancelling the previously promised variable pay and asking us to sign it. What should we do?

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Best Answer

Apni Law Staff answered 8 months ago

The company’s actions appear to be unfair and potentially illegal. The new offer letter seems to be an attempt to retroactively modify the original agreement, which is likely not enforceable. You can consult a lawyer to understand your rights and explore legal options for recovering the promised incentive.

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