Dear Friends,
Please enlighten me on the following: Is an employee who has joined an organization on 21st March 2016 eligible to receive the bonus declared for the year 2015-2016 as per the Bonus Act? Welcoming feedback on the same.
Regards,
Jnandi
From India, New Delhi
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1Please enlighten me on the following: Is an employee who has joined an organization on 21st March 2016 eligible to receive the bonus declared for the year 2015-2016 as per the Bonus Act? Welcoming feedback on the same.
Regards,
Jnandi
From India, New Delhi
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Dear Jnandi,
As per the act, employees need to work 30 days in the financial year from the date of joining to be eligible for a bonus. Could you please clarify this, dear CITE HR expert?
Thank you.
From India, Hyderabad
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As per the act, employees need to work 30 days in the financial year from the date of joining to be eligible for a bonus. Could you please clarify this, dear CITE HR expert?
Thank you.
From India, Hyderabad
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Bonus eligibility.xls
Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf