An employee leaves his/her company on 9th March 2012 (means worked for 11 months & 9 days), the employee is eligible for Bonus for yr 2011 - 2012. According to the Payment of Bonus Act, if an employee worked more than 30 days in a year.then he/she is eligible for bonus.
9th April 2012 From India, Gurgaon
In such cases payment in lieu of bonus will be in accordance with the Agreements between Management and Trade Unions/ OAs or as per the discretion of the Management.
10th April 2012 From India, Bangalore