Dear all,
Please help me solve this question: Will Probation Staff receive their bonus or not? Mr. XYZ joined on 01.01.2007, so will he receive a 3-month bonus from January to March 2007? According to the law, what is the minimum number of days of duty required for him to be eligible for a bonus at Diwali time? Please suggest.
Regards.
From India, Ahmadabad
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1Please help me solve this question: Will Probation Staff receive their bonus or not? Mr. XYZ joined on 01.01.2007, so will he receive a 3-month bonus from January to March 2007? According to the law, what is the minimum number of days of duty required for him to be eligible for a bonus at Diwali time? Please suggest.
Regards.
From India, Ahmadabad
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Dear Friend, Those who have worked for more than 30 days in the accounting year then he is automatically eligible for bonus. Regards Vijay
From India, Madras
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From India, Madras
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No, on probation, the company is not liable to pay a bonus. However, according to the law, if an employee works for 30 days, they are eligible for a bonus. If the appointment letter states that you will be entitled to a bonus or LTA after confirmation, then the company may not pay.
Sid
From India, Delhi
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Sid
From India, Delhi
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Staff pay slip.xls
Amendment to Payment of Bonus Act 2015.jpg