Please share your views on the following. Should we give leave encasement and bonus to contract employees on monthly basis in their wages sheet?
From India, Mumbai
From India, Mumbai
It is better to consider, Bonus and Leave wages annual basis, for those on rolls at the year end, ( Leave wages at the calendar year end for the previous year working. Similarly Bonus during festive season / 8 months close of the accounting year) as reimbursement. Principle Employer makes the cost saving.
From India, Madras
294From India, Madras
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Amendment to Payment of Bonus Act 2015.jpg
Karnataka Leave.xlsx
Bonus act amendment gazette copy.pdf