Partner - Risk Management
Senior Hr Executive
Deputy Manager - Hr
Sr. Project Manager
Sr. Process Associate
+1 Other

Thread Started by #shubham8881

Actually I\'ve worked in a company from last 18 months and I\'ve to decide for switch to another company so here i want to know if i am going to leave this company may be in the coming year, the company will provide me the performance bonus (for the year i had worked) with my full and final?

27th December 2013 From India, New Delhi
HI It depends on the company’s policy. If its a part of your CTC, yes they will settle you in full (as per the percentage fixed by company) or a minimum of 8.33% will be given to you.
27th December 2013
Dear Friend,
You are eligible for bonus as per act. Since you made contributions in the accounting year. But you have to check the appointment terms and conditions. If the bonus is added in your ctc, you can get the same.
27th December 2013 From India, Namakkal
Dear Shubham, Performance Bonus and Bonus (as per Bonus Act) are separate issues. So, plz. first clear that about which Bonus you are talking..??
27th December 2013 From India, Delhi
This topic has been discussed on this forum many times before.
At least do us all a favour by doing a Search (use the research button on the top of the page) and read the discussions that have already taken place in depth.
27th December 2013 From India, Mumbai
Its at the discretion of the Management, even if the T&C of your appointment may mention your eligibility for the period you are entitled to.
28th December 2013 From India, Madras
Company need not pay bonus If your Basic salary is more than 10K . If bonus is part of your CTC as performance bonus then they may consider.
28th December 2013 From India, Chennai
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2017 Cite.Co™