Hi, Guys,
Regards,
It is my extreme pleasure to share with all of you as HR professionals. Could any one of you please help me with the bonus policy at the earliest? I'll be appreciating and thanks for this act of kindness.
Mahfooz-ur-Rahman HR Manager Homex-Alesayi Jeddah, KSA
From Saudi Arabia, Jiddah
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Regards,
It is my extreme pleasure to share with all of you as HR professionals. Could any one of you please help me with the bonus policy at the earliest? I'll be appreciating and thanks for this act of kindness.
Mahfooz-ur-Rahman HR Manager Homex-Alesayi Jeddah, KSA
From Saudi Arabia, Jiddah
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Please click on the below links to get details:
- [Sample Letter - Staff Bonus Policy](http://www.isampleletter.com/example/311.html)
- [Sample Employee Bonus Programs & Employee Bonus Incentives | MoreBusiness.com](http://www.morebusiness.com/running_your_business/profitability/tip10.brc)
- [Sample Contracts - Incentive Bonus Plan For Officers and Key Managers - Jacobs Engineering Group Inc. - Business Agreements](http://contracts.onecle.com/jacobs/bonus.shtml)
- [STAFF BONUS POLICY - Free Sample Format](http://sampleformat.net/staff-bonus-policy/)
- [Sample Staff Bonus Policy Letter | Sample Letters](http://www.letters-home.com/human-letters/sample-staff-bonus-policy-letter/)
(Note: Links marked as [link no longer exists - removed] and [link outdated-removed] have been removed.)
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I have corrected the formatting, spelling, and grammar errors in the text provided. Let me know if you need further assistance.
From India, Coimbatore
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746- [Sample Letter - Staff Bonus Policy](http://www.isampleletter.com/example/311.html)
- [Sample Employee Bonus Programs & Employee Bonus Incentives | MoreBusiness.com](http://www.morebusiness.com/running_your_business/profitability/tip10.brc)
- [Sample Contracts - Incentive Bonus Plan For Officers and Key Managers - Jacobs Engineering Group Inc. - Business Agreements](http://contracts.onecle.com/jacobs/bonus.shtml)
- [STAFF BONUS POLICY - Free Sample Format](http://sampleformat.net/staff-bonus-policy/)
- [Sample Staff Bonus Policy Letter | Sample Letters](http://www.letters-home.com/human-letters/sample-staff-bonus-policy-letter/)
(Note: Links marked as [link no longer exists - removed] and [link outdated-removed] have been removed.)
---
I have corrected the formatting, spelling, and grammar errors in the text provided. Let me know if you need further assistance.
From India, Coimbatore
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Mr Peer Mohamed, that’s really nice and thanks for sharing this with us and hope this will diffidently help the peoples who are looking for the same
From India, Gurgaon
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From India, Gurgaon
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Dear Mahfooz,
Can you call me on 00966-0-568282634 to understand what you meant by HR policy? Looking forward to hearing from you soon.
Regards,
Mohd Abu Tayyab
HR & Admin Supervisor
Binzagr Factory for Insulation & Materials Ltd.
Alkhobar-31952
Saudi Arabia.
From Saudi Arabia, Riyadh
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Can you call me on 00966-0-568282634 to understand what you meant by HR policy? Looking forward to hearing from you soon.
Regards,
Mohd Abu Tayyab
HR & Admin Supervisor
Binzagr Factory for Insulation & Materials Ltd.
Alkhobar-31952
Saudi Arabia.
From Saudi Arabia, Riyadh
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Dear Mahfooz-ur-Rahman,
I would suggest that there is no need to formulate a bonus policy because the policy is framed by the employer. However, in the case of bonuses, you have to adhere to the bonus rules as per The Payment of Bonus Act. For example, the amount of bonus to be distributed is calculated by the set on and set off rules, and the percentage is also a minimum of 8.33% and a maximum of 20%, which is applicable to all employees earning below Rs. 10,000.
Of course, you can create a policy on incentives.
From India, Pune
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I would suggest that there is no need to formulate a bonus policy because the policy is framed by the employer. However, in the case of bonuses, you have to adhere to the bonus rules as per The Payment of Bonus Act. For example, the amount of bonus to be distributed is calculated by the set on and set off rules, and the percentage is also a minimum of 8.33% and a maximum of 20%, which is applicable to all employees earning below Rs. 10,000.
Of course, you can create a policy on incentives.
From India, Pune
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