Dear Seniors
I have query regarding Bonus.
One employee has joined the Company on dt 27/02/2011 and he is working till date. but my Colleague (Who Handled Bonus) told us that he is not eligible for Bonus 2010-11 because he has not completed 30 working days in Financial 2010-11 even we have paid his full month Salary for the month of Mar-2011 and 2 days salary of Feb-11.
Therefore please give us the advise should he is eligible for Bonus of One Month or not?
Regards,
R.P.Dixit
I have query regarding Bonus.
One employee has joined the Company on dt 27/02/2011 and he is working till date. but my Colleague (Who Handled Bonus) told us that he is not eligible for Bonus 2010-11 because he has not completed 30 working days in Financial 2010-11 even we have paid his full month Salary for the month of Mar-2011 and 2 days salary of Feb-11.
Therefore please give us the advise should he is eligible for Bonus of One Month or not?
Regards,
R.P.Dixit