Hi,
Employee Salary is Rs.4500/- per month (Basis & DA) and worked for 12 months from Apr 09 to Mar 10. As per the Act please clarify the following:
1. Bonus is applicable or not?
2. What is minimum bonus to be paid (8.33%)?
3. What is the maximum bonus to be paid (20%)?
Regards,
Haneef
Employee Salary is Rs.4500/- per month (Basis & DA) and worked for 12 months from Apr 09 to Mar 10. As per the Act please clarify the following:
1. Bonus is applicable or not?
2. What is minimum bonus to be paid (8.33%)?
3. What is the maximum bonus to be paid (20%)?
Regards,
Haneef