Dear Sir,
I have a confusion in Bonus calculation suppose if an employee is having Rs 8000 basic salary then can we take Rs 3500 as maximum and calculate 8.33% of 3500 as bonus i.e 3500*12*8.33/100=Rs 3499
Please guide me
I have a confusion in Bonus calculation suppose if an employee is having Rs 8000 basic salary then can we take Rs 3500 as maximum and calculate 8.33% of 3500 as bonus i.e 3500*12*8.33/100=Rs 3499
Please guide me