Bonus Calculation As Per New Bonus Ammendment2016 - XLS Download - CiteHR
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Idea oF Pyament of Bonus is to pay at least 7000/- or at actuals.
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Do a startup company need to pay bonus to its employees?
For any company there is an infancy period of five years during which the bonus is not required to be paid. At the same time, if the company generates profit before that five years, then bonus will be payable from that period. Once started paying bonus in the subsequent years it should pay bonus even if the company is in loss
Is this sheet (bonus calculation sheet) is still valid or the rules have amended again? please confirm.
Whether Leave, Late remark also consider or in the bonus?
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