Please guide me about employees engaged on Contract basis in a Central Govt. of India Enterprise drawing salary below 10000 p.m. are eligible to get bonus as per latest amendment. Regards Arindam
From India, Jalandhar
Acknowledge(0)
Amend(0)
From India, Jalandhar
Acknowledge(0)Amend(0)
Dear Under the Bonus Act there is no exemption for Contract Employees. You will have to calculate 8.33% of Rs 3500/- or actual Salary if it is less than Rs 3500/- and pay the minimum Bonus . with kind regards, V.Sounder Rajan Chennai – 600 001. Off : 044-42620864, 044-65874684 ,
From India, Bangalore
Acknowledge(0)Amend(0)
204From India, Bangalore
Acknowledge(0)Amend(0)
Dear Contract Labors also fall under the definition of an Employee as per the Bonus Act. So, they are eligible for a bonus. The quantum of the bonus to be paid will be decided by the top management of your organization. So, consult them for the percentage of the bonus to be paid. Normally, Contract Labors are paid a bonus at 8.33%, but this is not the guiding principle.
Regards,
Nilendra
Acknowledge(0)Amend(0)
Regards,
Nilendra
Acknowledge(0)Amend(0)
Dear Mr. V. Sounder Rajan,
Thank you for your reply. Please suggest what to do if the management refuses to pay such a bonus amount to the contract employees engaged for more than two years and drawing a salary of less than Rs 10,000 per month.
Regards,
Arindam
From India, Jalandhar
Acknowledge(0)Amend(0)
Thank you for your reply. Please suggest what to do if the management refuses to pay such a bonus amount to the contract employees engaged for more than two years and drawing a salary of less than Rs 10,000 per month.
Regards,
Arindam
From India, Jalandhar
Acknowledge(0)Amend(0)
Dear Mr. Nilendra,
Thank you for your reply. Please suggest what to do if the management refuses to pay such a bonus amount to the contract employees engaged for more than two years and drawing a salary of less than Rs 10,000 per month.
Regards,
Arindam
From India, Jalandhar
Acknowledge(0)Amend(0)
Thank you for your reply. Please suggest what to do if the management refuses to pay such a bonus amount to the contract employees engaged for more than two years and drawing a salary of less than Rs 10,000 per month.
Regards,
Arindam
From India, Jalandhar
Acknowledge(0)Amend(0)
Dear Management,
Your company is not directly liable to pay bonuses to contract labor as they are not employees of your establishment. If the decision is made not to pay bonuses to the contract labor, no legal action can be taken directly against them.
Regards,
Nilendra
Acknowledge(0)Amend(0)
Your company is not directly liable to pay bonuses to contract labor as they are not employees of your establishment. If the decision is made not to pay bonuses to the contract labor, no legal action can be taken directly against them.
Regards,
Nilendra
Acknowledge(0)Amend(0)
Dear Arindam,
Contract labor is not your direct employees, and hence their right to claim a bonus is available only against their employer, the contractor. Their entitlement here depends upon their employer's (contractor) balance sheet and profit and loss account. There is no legal right for contract labor to claim a bonus from the principal employer based on the principal employer's results in an accounting year.
Thanks & Regards,
Kalyan R
Manager - Personnel
Sundaram-Clayton Ltd
Brakes Division
Chennai - 600 058
Mobile: 9840942232
From India, Madras
Acknowledge(0)Amend(0)
Contract labor is not your direct employees, and hence their right to claim a bonus is available only against their employer, the contractor. Their entitlement here depends upon their employer's (contractor) balance sheet and profit and loss account. There is no legal right for contract labor to claim a bonus from the principal employer based on the principal employer's results in an accounting year.
Thanks & Regards,
Kalyan R
Manager - Personnel
Sundaram-Clayton Ltd
Brakes Division
Chennai - 600 058
Mobile: 9840942232
From India, Madras
Acknowledge(0)Amend(0)
Dear all,
Thank you all for your replies. Please clarify one more thing for me. If an employee is directly employed by a Government of India Enterprise and their salary is paid directly by the company, and the same employee is engaged on a contract basis by the same employer, is the management liable to pay a bonus as per the latest amendment of the act?
Regards,
Arindam Choudhury
From India, Jalandhar
Acknowledge(0)Amend(0)
Thank you all for your replies. Please clarify one more thing for me. If an employee is directly employed by a Government of India Enterprise and their salary is paid directly by the company, and the same employee is engaged on a contract basis by the same employer, is the management liable to pay a bonus as per the latest amendment of the act?
Regards,
Arindam Choudhury
From India, Jalandhar
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Employer cannot compel employees to open salary act in its bank - Kerala HC 14.3.2017.pdf
Aspect Of Employer-Employ ees relationship-co ntract canteen.docx
Amendment to Payment of Bonus Act 2015.jpg