HOW THE BONUS WILL BE CALCULATED IN PRESENT SITUATION WHEN MINIMUM 8.33% IS TO BE GIVEN.
E.G. ONE PERSON IS GETTING
1. BASIC FOR 365 DAYS 9000 X 12 = 108000/- THEN CALCULATION IS
9000 X 12 = 108000/- X 8.33% = 8996.40
3500 X 12 = 42000/- X 8.33% = 3498.60
WHETHER ABOVE CALCULATION IS CORRECT AND WHAT IS LIBILITY TO PAY TO STAFF.
RAKESH SRIVASTAVA [/b]
1st November 2007 From India, Agra
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