Understanding Bonus Calculations: How Do Training and Probation Periods Fit In?

sudarshan300

Dear seniors,

Please let me know how to calculate a bonus as per the Bonus Act. Should we calculate the training and probation period according to the Bonus Act? Also, please explain the difference between a bonus and ex-gratia.

Thank you.

adit kumar

Please advise me on what a bonus is, how to calculate it, who is eligible for a bonus, and the amount involved.

Regards,
Arun Kumar

sridharrajan878@gmail.com

If the employee's basic salary is below $3500, how much bonus will he receive?

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