1.Define Bonus payment to employee.
2.Is Bonus applicable for a new or one year old company?
Is Employees strength a requirement? Then how many.
Do temporary employees are entitled for bonus.
3.If company is making loss, in the first year or first 4 years, would Bonus become applicable. if yes, how much %
4. Which accounting year Bonus must be paid and by what date.
5..What is the quantum - minimum and to a maximum bonus paid?
6.. Would more than 10,000 or 15,000 per month salary come under Bonus payment
7. For those over 10,000 per month salary, is it must to be paid as Ex-gratia instead of Bonus. .
8. Can Bonus be included in the employee CTC and paid in employee monthly salary, with a min.of .8.33%
9. In the event o Employee misconduct, can Bonus be held back or adjusted in employee dues
in his Full & final settlement.
Appreciate your line of reply against each of those.
rgds: chandrasekar /Regional Manager - India
2.Is Bonus applicable for a new or one year old company?
Is Employees strength a requirement? Then how many.
Do temporary employees are entitled for bonus.
3.If company is making loss, in the first year or first 4 years, would Bonus become applicable. if yes, how much %
4. Which accounting year Bonus must be paid and by what date.
5..What is the quantum - minimum and to a maximum bonus paid?
6.. Would more than 10,000 or 15,000 per month salary come under Bonus payment
7. For those over 10,000 per month salary, is it must to be paid as Ex-gratia instead of Bonus. .
8. Can Bonus be included in the employee CTC and paid in employee monthly salary, with a min.of .8.33%
9. In the event o Employee misconduct, can Bonus be held back or adjusted in employee dues
in his Full & final settlement.
Appreciate your line of reply against each of those.
rgds: chandrasekar /Regional Manager - India