Hi, hope there are experienced HR pros can help me:

Recently due to reorg my bank retrenching my position. Under the policy 1 year = 1 month, I got 13 years service and should be entitled to a package of 13 months.

But when calculating the package my HR suddenly say I will not be entitle to full amount as the cap for retrenchment package is 300k. I dont remember got such thing and the HR girl clams it is new policy since early this year.

Is this legal in the first place? How can a bank just last minute change policy to cut cost just before they retrench?

Any HR pro can advise????