Visualize this: A global corporation gets taken over by another. In the midst of this, an HR leader with an experience of over two decades is left stranded and is asked to look out. With a modest severance pay, which is even lower than legally acceptable criteria for Workmen as he falls outside the ambit of a workman’s definition, it becomes not just a financial but an emotional challenge too; in another instance, a senior business leader gets compensation cut by 50% with the permission to take on outside assignments to boost remuneration.
