Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hello,
We are a 3 years old IT consulting and staffing company with consultants working at client location.
Our offer letter and CTC does not include bonus and we have people with 7000 to 21000 basic salary.
Kindly guide us whether Bonus payment is mandatory if we don have a bonus component as part of CTC and Offer letter.
Thanks in advance.
Manoj
We are a 3 years old IT consulting and staffing company with consultants working at client location.
Our offer letter and CTC does not include bonus and we have people with 7000 to 21000 basic salary.
Kindly guide us whether Bonus payment is mandatory if we don have a bonus component as part of CTC and Offer letter.
Thanks in advance.
Manoj
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.
Add the url of this thread if you want to cite this discussion.
#Listed In: basic salary offer letter bonus payment minimum bonus bonus act City-India-Mumbai Country-India
Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf
