Dear all Pl. clarify tha whether an employee is qualified if gorss wages are more than Rs. 10000 and Basic + DA are less that Rs10,000/- Thanks & Regards K. LAKSHMI NARAYANA
From India, Hyderabad
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From India, Hyderabad
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If the Basic + DA is less than Rs.10,000/-, then the employee is eligible for a bonus. Some companies also pay a bonus to those who earn more than Rs.10,000/- per month. For the Managerial Cadre, companies provide the same bonus under the name of Ex Gratia.
From India, Kumbakonam
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1189From India, Kumbakonam
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Dear All Friends,
I am a Manager (HR & Admin.) in a Private Limited Company that engages regular as well as contract labor. Please inform me whether a permanent employee working in a company that is more than 5 years old is eligible for a bonus under the condition that his Basic + DA is less than Rs. 10,000/- and his Gross salary is more than Rs. 10,000/-.
Please advise me.
Thanks & Regards,
KOTA. LAKSHMI NARAYANA
From India, Hyderabad
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I am a Manager (HR & Admin.) in a Private Limited Company that engages regular as well as contract labor. Please inform me whether a permanent employee working in a company that is more than 5 years old is eligible for a bonus under the condition that his Basic + DA is less than Rs. 10,000/- and his Gross salary is more than Rs. 10,000/-.
Please advise me.
Thanks & Regards,
KOTA. LAKSHMI NARAYANA
From India, Hyderabad
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BONUS CALCULATION FOR W.B.Govt employee for 2010-2011.xls
59-Employee-Eng agement-Ideas-Y ou-Need-to-Know -About-Bonus.pd f