Dear Friends,
I have resigned from the service of the my current organisation in the month of FEB but am serving the notice period. I shall be releived in the moth of may and company has declared bonus for the last FY10-11 . Since I have worked with the company for the whole financial year then shall I not be eligible for bonus? shall my performence not be appraised?
want you all to share light on this.
From India, Patna
I have resigned from the service of the my current organisation in the month of FEB but am serving the notice period. I shall be releived in the moth of may and company has declared bonus for the last FY10-11 . Since I have worked with the company for the whole financial year then shall I not be eligible for bonus? shall my performence not be appraised?
want you all to share light on this.
From India, Patna
Hi
You are eligible for Bonus for the days worked irrespective of the notice period but the increment part it will be difficult. As you have already submitted your resignation in the month of February your case may not be considered for the the performance appraisal.
Thanks and regards - kamesh
From India, Hyderabad
30You are eligible for Bonus for the days worked irrespective of the notice period but the increment part it will be difficult. As you have already submitted your resignation in the month of February your case may not be considered for the the performance appraisal.
Thanks and regards - kamesh
From India, Hyderabad
Hi,
Every employee who has worked in the establishment for not less than 30 working days in an accounting year is entitled to the bonus. Sec. 8.
KVJ Raghunath
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From India, Vijayawada
Every employee who has worked in the establishment for not less than 30 working days in an accounting year is entitled to the bonus. Sec. 8.
KVJ Raghunath
<link outdated-removed> ( Search On Cite | Search On Google )
<link outdated-removed> ( Search On Cite | Search On Google )
From India, Vijayawada
hi,
the company Fy accounting year is april to mar and company has also paid bonus to each employee with april months salary but in my case the company has only credited narmal salary.
as far as I know as per bonus act an employee with less than Rs.10000 salary per month is eligible for bonus if he/she has worked for more than 30days the FY. but my salary is Rs.45000.
can you pls guide me about my eligibility and if they have not paid now is there any possibility of paying it later.
From India, Patna
the company Fy accounting year is april to mar and company has also paid bonus to each employee with april months salary but in my case the company has only credited narmal salary.
as far as I know as per bonus act an employee with less than Rs.10000 salary per month is eligible for bonus if he/she has worked for more than 30days the FY. but my salary is Rs.45000.
can you pls guide me about my eligibility and if they have not paid now is there any possibility of paying it later.
From India, Patna
Since your salary is above 10,000 per month, you are not eligible for bonus. Your company has been paying ex-gratia. Since that is at the discretion of the company, it's their choice whether to,pay. You have no right to demand it. Since you are leaving, they see no benefit in paying that to you.
You can always go and ask HR for it. If your relation with the company has been good, they may pay it. But remember that it's not your right.
Unless, it was a part of your declared package and the terms of your employment provide for it even in case of termination / resignation
From India, Mumbai
You can always go and ask HR for it. If your relation with the company has been good, they may pay it. But remember that it's not your right.
Unless, it was a part of your declared package and the terms of your employment provide for it even in case of termination / resignation
From India, Mumbai
it depends on the company policy to give the ex gratia amount or not. So better keep the hopes.......
From India, Mumbai
From India, Mumbai
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Employee Appraisal Form new.doc