Dear All,
I am an HR Officer in a reputed company located in Guwahati.
My query is regarding an employee who retired in March 2007. At that time, she was not covered under the Bonus Act, 1965. Due to recent amendments in the Bonus Act, she has now become eligible for the payment of bonus.
The issue at hand is that she has reached superannuation and is no longer employed with us. What should we do? Is her bonus payable or not?
If the answer is yes, then the number of such cases would be quite high, including resignations.
I hope that you all can assist me with this. Please provide your suggestions.
Thank you all in advance.
Susheel
From India, Calcutta
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I am an HR Officer in a reputed company located in Guwahati.
My query is regarding an employee who retired in March 2007. At that time, she was not covered under the Bonus Act, 1965. Due to recent amendments in the Bonus Act, she has now become eligible for the payment of bonus.
The issue at hand is that she has reached superannuation and is no longer employed with us. What should we do? Is her bonus payable or not?
If the answer is yes, then the number of such cases would be quite high, including resignations.
I hope that you all can assist me with this. Please provide your suggestions.
Thank you all in advance.
Susheel
From India, Calcutta
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Dear Mr.Susheel, The amendment under the Bonus Act came into effect from 01/04/2006. Whereas your employee retired on 31/03/2007. Hence, She is eligible for bonus. Regards, Murugavel.B Chennai
From India, Madras
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6From India, Madras
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Dear All,
Can we give the paid holiday to the contract workers? Is it compulsory, or is there any law for the same? Paid holiday means those we have declared for our company employees, such as 26th Jan, 15th Aug, 1st May, and others as we have provided for the company employees.
Please give your answer with specific details or provide proof of documents.
Regards,
Shivpal Jadhav
From India, Pune
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Can we give the paid holiday to the contract workers? Is it compulsory, or is there any law for the same? Paid holiday means those we have declared for our company employees, such as 26th Jan, 15th Aug, 1st May, and others as we have provided for the company employees.
Please give your answer with specific details or provide proof of documents.
Regards,
Shivpal Jadhav
From India, Pune
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THE PAYMENT OF BONUS ACT(with amendments & comments) 1965.docx
Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf