Bonus Calculation Guidelines: Salary Components and Employee Compensation - CiteHR

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Dear Seniors, Plz guide me how to calculate bonus with the folowing basic+DA: 1)4943 2)5943 3)7443 4)6943 5)4057 6)3898 7)12000 8)10200 and for Fixed salaried employee = 15100
From India, Agartala
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Dear friend,

If the bonus is minimum, the payment will be as follows:
1) 4943
2) 5943
3) 7000 (ceiling)
4) 6943
5) 4057
6) 3898
7) 7000 (ceiling)
8) 7000 (ceiling)

An employee with a salary of 15100 is also eligible to receive 7000.

Abbas P.S.

From India, Bangalore
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MI
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In the all cases Bonus wages will be 7000 or minimum wages of your state.
From India, Mumbai
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