404 - The content no longer exists on our network.

But we found simillar discussions which you may find interesting... please review them below.

Search for "Employer Denied Previous Year Bonus"


Employer asks to refund bonus equivalent paid in previous year
As per my new employer s appointment letter dated year 2020 i was not entitled to any other benefits apart from monthly salary is it legal to deny benefits?. i received annual salary increment in both 2021 and 2022. similarly during the durga puja festival both year i received an amount nearly equivalent to my monthly salary. i mentioned of the same in 2021 to my reporting boss who said it was puja bonus; all communications done verbally. now my employernot the reporting boss has claimed that both the bonus were credited by mistake and have asked me to refund them by installments or full. the reporting boss is not supporting either. moreover since i did not make any documented confirmation they refused to pay my previous month s salary by adjusting against the bonus. are they legally allowed to ask for refund or adjust against my salarywithout my consent?
No gratuity or bonus since 5 years not completed
Worked for the pharma industry for a reputed firm from jan 94 to june 00 and denied from gratuity & bonus at the time of leaving job confirmation recd in dec 95 company says since i didn t complete 5yrs of services hence denied from the payments. i want all dues from the company how shall i get n what procedure have to follow . last year visited office campus personally hr assured their support but no response from their end .
Payment of bonus may apply on monthly basis and for the same separate payment statement other than the wage payment can be generated
Applicability of bonus varies from case to case basis. as per payment of bonus act the rate of bonus is fixed as per act or as settlement arrived between the two parties. as bonus is to be paid in next financial year based on the calculation of profitability of last/current financial year. but this case is for maximum limit of payment of bonus. in an organisation having regular employees or parmanent nature of job provision for maximum payment of bonus is applicable. the appropriate authority has the power to decide and define the rate of bonus based on the performance of the company during applicable financial year. the appropriate authority weather it is central or state has the power to settle the rate of bonus at higher rate then applicable one in bipartite aur tripartite level. in such settlement award can we given by appropriate authority e for monthly payment of bonus. but in cases where worker is engaged in one employer or happened to be engaged in other employer next financial year all part of financial year in such cases calculation and payment of bonus is really a tough task. as per bonus act time arrived for the payment of bonus to these workers till that time they are not the worker of their previous employer. in all such cases payment of bonus on monthly basis is is judicious and practical.
Employer is refusing to pay retention as i've submitted resignation
I ve recently joined a new company. my previous employer has settled all the dues except a retention bonus which is due for payment in the month i resigned and before to the date i resigned.as per the employment offer letter retention bonus will be released after completion of every year. i ve served the organization total year and resigned later. but my employer is refusing to pay retention as i ve submitted resignation.pls let me know whether i will get the retention bonus or my employer is correct.
Monthly bonus in salary
Dear friends want to know whether bonus can be paid monthly as a part of salary i have seen replies that yes it can be shown as ctc & also can be paid in monthly salary. as per payment of bonus act 1965 bonus is paid after completion of financial year within 8 months as it is the part of companies profit or at the time of f & f whichever is earlier to the employee who has served for more than 30 days in a year. it means bonus is paid for the previous year how we can pay the bonus for the current financial year in salary on monthly basis ? if anyone has any extract or judgement pls forward jiten
Payment of bonus calculation
I would like to know how to calculate bonus for employees and the periodicity i.e. from which month of previous year to which month of this year an employee will be eligible for bonus say minimum of 8.33 . additional component also can be considered as per individuals performance. the main doubt is that since usually bonus chapter opens in the event of which occurs in the month of october or november every year whereas the financial year is april to march and tax factor also to be considered properly. request expert help from you thanking you in anticipation manager hr 91 98403 22799