If any employee basic salary is above 10,000 then No employer is liable to pay bonus. Even Employee can't file any legal dispute case against Company too.
Generally to Motivate employees & better Industrial environment companies pay them in the ex-Gratia term. But statutorily No employer bound to give Bonus above basic 10,000.
For any further query you can discus.
Normally exgratia is the amount paid to the employees in recognition of their cooperation and contribution. The employees have no right to demand exgratia unless it is contemplated in a settlement between the employer and employee.
If the company is in profits they will be paying the ex-gratia but like the bonus there is no obligation for exgratia.
Regards - kamesh
can anyone advice me?
1. Im a HR professional working with a company in kerala. my monthly gross is Rs. 15000/-. My company employs only 6 employees. i want to know will there be deductions like esi and pf in my salary.
2. when i move from this job will the new employer ask me previous esi or pf form what will i do then, which document can i produce to state that i was not eligible for esi or pf?
For your first query, Since as u are saying only 6 employee are working in your company so company will not deduct Epf & Esi from your salary. As you are aware for getting EPF Code(20) no. of employee required. & ESI Code(10) no. of employee required.
For your Second query No employer will ask for any previous Employer EPF Detail.
ESI & PF are the statutory obligations & any employer will invite problems untils unless they are not covered. One advise is either you have to keep to your monthly pay slip or request the management to deposit your salary in to bank directly so that you have a proof.
Regards - kamesh
Myself Subhajit, Asst. Manager HR in our companies.
Please help me out.
Recently we pay the bonus one employee who’s his Basic Salary is 10, 000 /- p/m. And we are give him the bonus Rs.10, 000 /- , and no pay ex gratia. Is it right or wrong?