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Old 20-10-2008, 03:51 PM
rashidmusa's Avatar
Join Date: Oct 2008
Location: Dubai
Posts: 116
Default Three salaries in lieu of Bonus is legal?

Hi seniors,

Our management has decided to pay three salaries for all employees irrespective of their date of joining or minimum or maximum bonus eligibility as ex-gratia payment but not as bonus.

Is it offence? Because our company define bonus as profit sharing not as gift. Therefore they say this is ex-gratia payment according to our company policy.

Will Labour Inspector under Bonus Act can penalise our company?

Please reply.

Regards,

Rashid
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  #2 (permalink)  
Old 21-10-2008, 11:15 AM
rashidmusa's Avatar
Join Date: Oct 2008
Location: Dubai
Posts: 116
Default

Should I Regreat To Post This Question ?

31 Views But No One Reply.......................

I Am Still Hopeful..............

Warm Regards

Rashid
  #3 (permalink)  
Old 07-11-2008, 02:31 PM
ravit_72@yahoo.com's Avatar
Join Date: Apr 2008
Posts: 42
Default

There is nothing illegal in it. If a company wishes to pay more to its empoyees it is purely company's wish. Bonus inspector has nothing to do with it.

Ravi
  #4 (permalink)  
Old 07-11-2008, 03:13 PM
S.Chandrasekar's Avatar
Join Date: Dec 2007
Location: chennai
Posts: 160
Default

Dear Rashid,

Are you in Dubai or India? Your location shows Dubai. Sorry, we have no idea about the Labour rules prevailing there.

You may seek the help of local consultants or legal experts in Dubai.

Regards,
Chandru

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