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Search for "Company Liable Pay Bonus Them Ex Gratia"


About ex-gratia
Hi freinds i just signed in to this group. could anyone tell me if it is mandatory for the organisation to pay exgratia on resigning from the services. so far as i know the eligibity for exgratia in such a circumstance must be proved and must be mentioned in the appointment / confirmation letter for availing this benefit. now if the appointment letter speicified and after a few years the employee does not fall in the group to get bonus. the company pays exgratia year after year. the company also provides a pay slip confirming the payment exgratia. thus this confirm the eligibility of the candidate for getting exgratia while leaving the company? could anybody throw some light on this issue? shantanu
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 exgratia payment but not as bonus. is it offence? because our company define bonus as profit sharing not as gift. therefore they say this is exgratia payment according to our company policy. will labour inspector under bonus act can penalise our company? please reply. regards rashid
Seeking help regarding bonus & ex-gratia
Dear sir i have resigned from my job after serving the company for 15 months. i have received a release letter after completion of all the formalities as per terms of employment. now the company is refusing the pay the to me saying that your salary exceeds 10000/ pm. hence you are not eligible for bonus. however company has paid bonus to such employees in the form of exgratia. please note that one month bonus form part of my ctc structure and duly signed by the ceo of the company. can i claim for my bonus. kindly suggest raj
Difference between bonus & ex-gratia
I want to know the difference between bonus & exgratia. is exgratia mandatory to provide? our company is small scale industry having with 110 employees strength.
Bonus - is ex gratia mandatory or we can avoid ex gratia?
Dear seniors please hep me out. if any employee which basic salary is above 10000/ can we give him bonus. and if we give him exgratia is ex gratia mandatory or we can avoid ex gratia. thanks amit sharma
Ex-gratia (bonus)
Hello friends will the company deny exgratia bonus to its employees. if so they would need to inform the employee in advance is n t. regards sens