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Variable dearness allowance

giri003 - Member Since: Mar 2010
Subject - Variable dearness allowance
Hi,

Is variable dearness allowance part of calculating bonus, leave encashment and gratuity ?
snjv.nair Contributing Member - Member Since: Nov 2008
Subject - Re: Variable dearness allowance
Bonus is paid 8.33% of you salary (here salary is taken as basic pay) some companys pay bonus according to turnover at year end.

Leave encashment is calculated on either Basic or Basic+DA or Gross depends on company policy.

Gratuity is calculated on Basic + DA+ %of turn over if paid any


snjv.nair
giri003 - Member Since: Mar 2010
Subject - Re: Variable dearness allowance
Thanks for the reply.

My question is whether variable DA is considered for calculating bonus, leave encashment and gratuity.
R.N.Khola Contributing Member - Member Since: Feb 2009
Subject - Re: Variable dearness allowance
Dear

YES
With Regards,
R.N.Khola
Sr. Associate (LL & IR)
Skylark Associates, Gurgaon (Haryana)
(Labour Law Consultants)
Office: 311, AKD Tower, Sector 14, Gurgaon
(M) 09810405361 (O) 0124-4264449
Quote:
Originally Posted by giri003 View Post
Thanks for the reply.

My question is whether variable DA is considered for calculating bonus, leave encashment and gratuity.

 


Topic Categories >> leave encashment ° Location-Bangalore ° company policy ° dearness allowance ° labour law °

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