I would like to know that if employee joins in June and he is on probation period till December and after he quit the job in that case will he be eligible for the Bonus or not. And suggest me also criteria of Bonus with formula.
5th December 2018 From India, Bagpat
Dear Jyoti,
Statutory bonus is related only to the minimum number of days (30 days) actually worked by any person falling within the definition of the term "employee" under the Payment of Bonus Act, 1965 in an Accounting Year and it is not related to the nature of his employment such as permanent, probationer, temporary etc.
5th December 2018 From India, Salem
Dear Jyoti
Whether the said employee was eligible to receive the statutory bonus under payment of Bonus act? If he draws less than Rs.21000/month and has worked for minimum 30 days in the financial year he is eligible for the bonus declared for the financial year 1819, payable between the period April 2019 to Nov. 2019.
The minimum statutory bonus would be Rs. 7000 or min wages whichever is higher. Lets us say min wages in your region is Rs.8500, in this case min. bonus shall be Rs. 8500/-. The Bonus calculation will be on actual attendance (pro rata) basis. Here all authorized leaves, offs and holidays are to be considered as presence only unauthorized absence against which wages has been deducted will be considered as absence.
Lets us the for the period 1st June to 31st Dec the employee has full attendance. So his attendance is 214 days. Now the per day rate for Rs 8500 would be Rs. 279.60. Your company has declared min. bonus i.e. 8.33%.
279.60X214=59834.4@8.33%=Rs.4984
Hope this helps
Shailesh Parikh
99 98 97 10 65
Vadodara
5th December 2018 From India, Mumbai
Here it is assumed that the employee has worked from june 18 to dec 18. If it is june 17 to Dec 17 than the Bonus is payable from April 18 to Nov 18
5th December 2018 From India, Mumbai
According to my perspective, it varies from situation to situation. In general, If an employee is fulfilling the employability clause (as per companies code of conduct), leaving the company on a positive note and as per the number of working day's criteria he/she is eligible for the bonus, then the employee is surely eligible for the bonus.
Regards
M. J Dhadwal
11th December 2018 From India, Chandigarh
No matter whether one is in probation or in roll, if the candiadate has put 30 days working is eligible
12th December 2018 From India, Mumbai
Dear HR Professionals/ Recruiters/Trainers and Management
Come and join POSH
for further information please connect.
Thanks
Radha
9811255029
18th December 2018 From India, New Delhi

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How is he eligble for bonus? Can any one describe it?
As per bonus act a person should be complete minimum one year in the organisation then he is eligible for bonus.
3rd January 2019 From India, Delhi
Dear Member,
According to section 8 of Bonus Act, 1965 an employee who have worked for 30 days or more in an accounting year for whivh bonus is to be paid to the employees shall be entitled to receive bonus. Section 8 may be read as under.
8. Eligibility for bonus.- Every employee shall be entitled to be paid by his employer in an accounting year, bonus, in accordance with the provisions of this Act, provided he has worked in the establishment for not less than thirty working days in that year.
Regards,
R N KHOLA
4th January 2019 From India, Delhi
Bonus is a sum of money added to a person's wages as a reward for good performance.( Definition of Bonus).
If the employee is on probation, means he may have recently joined, wherein he still needs to be assessed for his performance. Two or three months in the organization is too early to decide on his/her performance.
Hence bonus is not applicable.
4th January 2019 From India, Pune
@ Vijay Steven - Please do not communicate incorrect information on the portal. In case you are not sure about the answer it's better to not post on threads.
Bonus is a statutory payment and has nothing to do with the performance of an employee.
As per Bonus Act, an employee who has completed 30 days with an organization is eligible to receive Bonus payment but he will not receive it along with the full and final settlement as in his case he has resigned in the month of December. The bonus is paid in the next financial year preferrably around Diwali time.
If the employee has joined in the month of June, he will receive his bonus payments next year around Diwali.
Regards,
Shweta Gehlot
8th January 2019 From India, Delhi

Firstly please read your email before sending it. My name is misspelled.
also with regards to bonus, if you are talking about non IT industry then you may follow the bonus act. For IT companies, bonus is always and will be performance driven.
I have given the meaning of bonus.
Nevertheless, let us be clear while communicating if it is for Non IT or IT.
I am not convinced, how can you award or be applicable to an employee with bonus in one month.
What value add does the employee bring to the organization, what happens to cost to hire?
8th January 2019 From India, Pune
Paymet of Bonus act is applicable to all types of companies where there are employees and employer relationship exists.
Payment of Bonus act speaks about grant of Minimum compalsary bonus applicable to eligible employees.
It Also speaks about Bonus that is above minimum laid ceiling where surplus allocations are accounted for.
In view of the above it is to be seen that in this case grant of bonus becomes eligible.
As regards to probation,I would like to know what exactly the probation mean to an employee.
Have the terms and conditions of probations be explained and mentioned in the Offer/joining letter.
Does it include that No statutory compliance or Bonus will be granted.
Can an employer state such terms and conditions for employees probation.
What If an employee is said to be probation and dies on duty, is the Employer not to be held accounted for any compensation just because no compliance be considered in probation.
I presume if there exists an establishment/ company/ where employees and employer relation exists,then there also exist the applicability of all the relevant labour laws and social security obligations
10th January 2019 From India, Vadodara
It depends on the company policy and procedure. However practice is bonus to my understanding generally has frequency associated to it. What I mean is if it is quarterly and employee has completed that part of time then he is eligible for that previous quarter. I have actual precedence when in an MNC my bonus was secured in monthly compensation. Thanks.
20th January 2019 From India
Dear Vijaya Madam,
I work for an IT company but i never heard of performance driven, in fact i have never heard of individual performance driven bonus, The thing which you are referring is PI that is performance Incentive, Bonus is always at an organisational level, this is decided by the company's performance and usually all It firms give the least that is 8.33%, where as manufacturing can go up to 30%.
23rd January 2019 From India, Bengaluru
If in a mfg. industry all employee getting bonus. If an employee having monthly salary 21100/-(basic 16100+hra 3000+conveyance 2000) whether he is eligible to get bonus or not.
29th January 2019 From India, Bhogpur
Dear Mahesh,
He is eligible to get bonus as his salary is Rs. 16000/- per month. Other components are not to be considered as salary under Payment of Bonus Act, 1965.
R N KHOLA
29th January 2019 From India, Delhi
Yes he is eligible for bonus if he has worked for more than 30 days and Basic Salary is not more than 21000/ per month.
30th January 2019 From India, Pune
sir
i am working my basic salary is Rs.24870 i am elegable for bonus my basic is same since 2014
i got bonus in 2013-14 after that they are not given since last 4 year pl conform i am elegable for bonus
Augustine joseph
6th February 2019 From India, New Delhi
Since your salary/wage is more than 21,000/- as defined in Payment of Bonus Act, 1965 you are not entitled for statutory bonus. You are not covered under the definition of the employee under this Act for getting bonus.
R N KHOLA
7th February 2019 From India, Delhi
Bonus amount is for the employee who has worked minimum for 30 days. He will be eligible to get bonus minimum 8.33% to 20% of his actual salary minimum 7000 to maximum 21000. Employer can give any % bonus as per his company policy. Above 21000 no one is eligible to get bonus, but it depends on the employer if he wants to give bonus to the employee.
16th February 2019 From India, Delhi
Yes he is eligible for bonus if he has worked for more than 30 days and Basic Salary is not more than 21000/ per month.
22nd February 2019 From India, New Delhi
#Anonymous
If the candiadate has put 30 days working is eligible.
<a href="https://www.just4dummies.com/gmail-sign-up">gmail sign up</a>
20th March 2019 From Vietnam, Hanoi
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