Dear Mr.Shivananda VD
The explanation of Mr. Sharath Mahendra Kumar is in line with the provisions of the Payment of Bonus Act and rightly address your query.
Hope this would be suffice. Still have doubts, pls revert with ur remarks.
Thks,
AK Sharma
From India, Pune
49The explanation of Mr. Sharath Mahendra Kumar is in line with the provisions of the Payment of Bonus Act and rightly address your query.
Hope this would be suffice. Still have doubts, pls revert with ur remarks.
Thks,
AK Sharma
From India, Pune
If bonus payable is not based on POB Act then the management need not consider the days of leaves. Varghese Mathew
From India, Thiruvananthapuram
From India, Thiruvananthapuram
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BONUS CALCULATION BY WORKING DAYS.xls
BONUS CALCULATION RULE (1).pdf