To Dear all, I want to know Is Principal employer is responsible for Bonus for contractual workers. Pls guide me. Thanx. Ashutosh Mishra SRL
From India, Delhi
From India, Delhi
Yes, Principal Employer is responsible for Bonus for contractual workers And this is true even if you are giving a piece rate, or a lumpsum, or any other method you follow
From India, Mumbai
2395From India, Mumbai
Sir, If employee get more then 10000 Salary(Basic),can we stop his bonus . Kindly advise. Regds, Nikha
From India, New Delhi
From India, New Delhi
Since statutory bonus is limited to employees who get wages of less than 10000 per month, at that level you are not liable under law to pay bonus. However, there may be an agreement or in ther terms of employment that he will get bonus above that limit, then you need to still pay it
From India, Mumbai
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Amendment to Payment of Bonus Act 2015.jpg
Revised rate.pdf