Dear All,
An Employee's basic+DA was Rs.7000/- per month for the initial three months during the financial year and the basic increased after appraisal to Rs.10500/- pm. for the rest of year.
So my question is, whether he will get the bonus for initial three months only or what? because he crossed the eligibility limit after three months.
I want to know what will he get as per Bonus Act.
Thanks,
Parag
An Employee's basic+DA was Rs.7000/- per month for the initial three months during the financial year and the basic increased after appraisal to Rs.10500/- pm. for the rest of year.
So my question is, whether he will get the bonus for initial three months only or what? because he crossed the eligibility limit after three months.
I want to know what will he get as per Bonus Act.
Thanks,
Parag