Hi, Can anyone let me know whether unpaid leave is supposed to be deducted from the yearly bonus payout? Thanks. Agatha
From Malaysia, Cheras
From Malaysia, Cheras
Hi there.
Thanks for the comments. My company doesn't take into account the leave without pay when calculating bonus. However, a friend of mine shared with me that her company practices the other way round. Their reason is that - by not accounting for the leave without pay, staff may feel demoted.
From Malaysia, Cheras
Thanks for the comments. My company doesn't take into account the leave without pay when calculating bonus. However, a friend of mine shared with me that her company practices the other way round. Their reason is that - by not accounting for the leave without pay, staff may feel demoted.
From Malaysia, Cheras
Dear all How to prepared the notice for morning attandance in time. those employees are not coming in time notice for that. Thanks/regards sanjeev kumar
From India, New Delhi
1From India, New Delhi
as pere the payment of bonus asct, the bonus is paid on the earnings.
earnings are basic and DA.
even one applies leave (sanctioned and should be in his credit) he has earned the salary, hence he is eligible. if he is treated as absent, he has not earned hence not payable
I did't get what do you mean by saying unpaid leave
pl clarify
other things are as calculations laid down by the payment of bonus act
if u require more clarification contact me
nagaraj
From India, Bangalore
earnings are basic and DA.
even one applies leave (sanctioned and should be in his credit) he has earned the salary, hence he is eligible. if he is treated as absent, he has not earned hence not payable
I did't get what do you mean by saying unpaid leave
pl clarify
other things are as calculations laid down by the payment of bonus act
if u require more clarification contact me
nagaraj
From India, Bangalore
In my previous organization we were deducting Bonus amount for unapaid leave. There, unpaid leave meant, when you have taken execess leave than your entitlement.
Same rule applied for PF dedecution also.
From India, Delhi
Same rule applied for PF dedecution also.
From India, 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.