Panddu123
Hr Executive
Rajesh Kumar Dubey
Manager - Hr
+1 Other

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...
Dear Friends, Please enlighten me on the following; An employee who has joined an organization on 21st March 2016, is he/ she eligible to get bonus declared for the year 2015-2016 as per the Bonus Act. Welcoming feedback on the same.
Regards,
Jnandi

Dear Jnandi,
As per act employees need to work 30 days in the financial year from date of joining, i think they only eligible for bonus.
As per my knowledge , dear CITE HR expert clarify it pls................

He will not eligible to get bonus for particular FY 2015-16.
Because in any case he have worked only 11 days in that month and FY.
But If His Exgratia / Bonus are part of negotiated CTC, then you should pay that portion.

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™