Hi deepak,
as i said , in my company its not restricted to the limit of 20%. it totally depends upon the % which we score in our score card. please update me if there is any new policy/ rule appiled (specifically to score card system)
rgds,
deeps

From India, New Delhi
Hi All ! Is there any exemption from maintaining the regsiters of Allocable Surplus & Set on / Set off, if the establishment is new, or there is Productivity Linked Bonus ? Thanks,
From India, New Delhi
Can I have a clarification on Bonus calculcation as per the following : 1. Basic + Da =10000 howmuch? 2. Basic + Da >10000 howmuch? 3. Basic + Da < 10000 howmuch? pl reply regards gopu.s
From India, Pondicherry
Please accept my sincere appreciation for the efforts you make quantitatively and qualitatively towards helping people out.Your guidance is certainly very superior,thoughtful and exhaustive.Keep it up.
From India, Bangalore
some companies gave PP (profit percentage) in April it goes upto 25% Max. for every employee.
Bonus Lower limit starts from8.33% for blue coller but for Executive rank its depends on company's financial stage but Performance is key scale for bonus


According to sec 31A of payment of bonus Act. the ceiling of bonus calculation is 20 % of annual wages/ salary.
From India, New Delhi
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.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.