Abbasiti
Assistant Engineer, Indian Telephone Industries,

PRIME SPONSOR - FACTOHR - Customised Payroll, GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Respected Sir/Madam,
I have joined on 27/12/2012 as a probationer in a company with a salary @Rs8000.00 per month. The company is offering minimum bonus@8.33% up to a maximum ceiling of Rs3500.00 for the accounting year 2012-13. Please help me to calculate my Bonus .
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
If you have no LWOP, your December attendance will be 4 out of 31, ie 0,129. For 2012 - 13, the attendance will be 3.129 months out of 12 months, i.e 0.26. Therefore the proportionate Bonus will be 0.26x3500 = 910 or 912 (if we take the fraction as 0.2607527 instead of 0.26).
Abbas.P.S
PRIME SPONSOR - TALENTEDGE "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
Add Reply Start A New Discussion






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™