Hi Sir, Greetings! I have been working with an MNC company with financial year starting from February - January. I have been with this concern from 2005 and am plannning to move on to another organization by mid April 2011 and have submitted my resignation. I have received my full and final settlement statement which does not include bonus. when i raised a querry i was informed that as the company has not declared bonus yet generally our bonus is spilit into two 25% at time of Diwali and balance 75% by end April - i have received 25% of my bonus during Diwali and am being told that am not eligible to get balance 75% as I have resigned and company has also not declared.
My querry here is will i be eligible for the bonus when it declared latter when am not in service with the company as i consider bonus is for the completed period of service and i have completed 12 full months after the previous bonus period. I will be greatful to have some expert advise on this. Also pls do let me know if my querry carried a clarity or should i furnish some more details
My querry here is will i be eligible for the bonus when it declared latter when am not in service with the company as i consider bonus is for the completed period of service and i have completed 12 full months after the previous bonus period. I will be greatful to have some expert advise on this. Also pls do let me know if my querry carried a clarity or should i furnish some more details