if a person worked only 28 days in a month during the year should we take 28 days of basic salary for that month for bonus calculation or we take the full month
From India, New Delhi
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From India, New Delhi
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Shifali, it depends upon the cash you have given to the employee. If you have paid him the salary for 28 days, then you will calculate the bonus on 28 days' salary. However, if you have considered the remaining days as leave and paid him the full salary for the month, then you will calculate the bonus on the full month's salary.
From India, Delhi
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26From India, Delhi
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As per setion 8 , The payment of bonus, bonus is payable when the employee worked not less 30 days in any preceeding calender years. so for 28 days no bonus shall be payable.
From India, Delhi
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From India, Delhi
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Dear It is rightly pointed that an employee is required to work for 30 working days in an accounting year to become entitle for bonus. Regards, R N khola
From India, Delhi
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From India, Delhi
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if a employer will to pay bonus on basic salary i.e. more than 10000 is it possible to pay? please suggest? if no then why not?
From India, Mumbai
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From India, Mumbai
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Dear all,
In our company, one employee's Basic+DA is Rs. 7500. He works the whole accounting year (12 months). Now, for the calculation: 7500 * 12 * 11% = Rs. 9900. Is it correct? Will the limit for Basic+DA = Rs. 6500 come into play here?
- Rajasekar
From India, Kochi
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In our company, one employee's Basic+DA is Rs. 7500. He works the whole accounting year (12 months). Now, for the calculation: 7500 * 12 * 11% = Rs. 9900. Is it correct? Will the limit for Basic+DA = Rs. 6500 come into play here?
- Rajasekar
From India, Kochi
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if employer terminate the employee without notification then what kind of case file against employer
From India
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From India
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Dear Friends,
I am Bhupinder Kumar, working as an HR executive in Patiala. I want to know if any employer does not pay bonuses and other payments to their employees, how can the employee claim their benefits under the Factory Act 1948?
From India, Ludhiana
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I am Bhupinder Kumar, working as an HR executive in Patiala. I want to know if any employer does not pay bonuses and other payments to their employees, how can the employee claim their benefits under the Factory Act 1948?
From India, Ludhiana
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Dear Sirs,
Please let me know if the Statutory bonus will attract ESI deduction, i.e., we are planning to give the bonus to contract laborers monthly to attract them. Will this monthly payment attract ESI deductions?
Kindly help me.
Chaitra
From India, Bangalore
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Please let me know if the Statutory bonus will attract ESI deduction, i.e., we are planning to give the bonus to contract laborers monthly to attract them. Will this monthly payment attract ESI deductions?
Kindly help me.
Chaitra
From India, Bangalore
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Although there is no provision for payment of bonus on a monthly basis, the bonus has to be paid annually. Yes, if you are paying the bonus on a monthly basis, it will attract ESI contributions. Any payment that is being made to workers regularly for more than two months will attract ESI contributions as per the second part of the definition of wages under the ESI Act.
Regards
From India, Delhi
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Regards
From India, Delhi
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