iam working in pmc company i think they are not paying any bonus as such for any festivals. is it mandatory for the company to pay bonus ?
From India, Bangalore
From India, Bangalore
You think they are not paying any bonus ?
You do not know ?
Have you asked the HR department ?
Are you asking only about festival bonus or also about statutory bonus ?
Also : how many people work for your company and what is your salary ?
Please remember that without full and proper information, you will not get the correct answer
From India, Mumbai
2383You do not know ?
Have you asked the HR department ?
Are you asking only about festival bonus or also about statutory bonus ?
Also : how many people work for your company and what is your salary ?
Please remember that without full and proper information, you will not get the correct answer
From India, Mumbai
Hi,
For statutory bonus, As per Bonus Act, a company is bound to pay bonus only to those employees whose gross salary is up to Rs.10000 per month (8.33-12% of basic). Employees having gross salary of more than Rs.10000, are not legally entitled for bonus, yet its company's wish whether they pay bonus to these employees or not.
Seniors please correct me if required.
Regards
Ashutosh
From India, Kollam
For statutory bonus, As per Bonus Act, a company is bound to pay bonus only to those employees whose gross salary is up to Rs.10000 per month (8.33-12% of basic). Employees having gross salary of more than Rs.10000, are not legally entitled for bonus, yet its company's wish whether they pay bonus to these employees or not.
Seniors please correct me if required.
Regards
Ashutosh
From India, Kollam
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Company Profile.ppt
Company Profile Letter - Global Risk Management Services.pdf