One of employee is on ESIC leave since one year and taking benefit from ESIC, is he eligible for Bonus for same period or not ? Regards Shyam Sundar
From India, Kolkata
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From India, Kolkata
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Eligibility for Bonus Under the Payment of Bonus Act, 1965
As per Section 8 of the Payment of Bonus Act, 1965, the eligibility criterion for a bonus under the Act is that an employee should have worked for a minimum of 30 working days in the establishment during the accounting year concerned. An employee taking benefit from the ESIC for a continuous period of absence by virtue of the insurance coverage cannot be treated as having worked those days.
Therefore, such an employee is not eligible for a bonus for that accounting year.
From India, Salem
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6108As per Section 8 of the Payment of Bonus Act, 1965, the eligibility criterion for a bonus under the Act is that an employee should have worked for a minimum of 30 working days in the establishment during the accounting year concerned. An employee taking benefit from the ESIC for a continuous period of absence by virtue of the insurance coverage cannot be treated as having worked those days.
Therefore, such an employee is not eligible for a bonus for that accounting year.
From India, Salem
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