Qualification For Bonus Under Special Conditions - Reg

K Lakshmi Narayana
Dear all
Pl. clarify tha whether an employee is qualified if gorss wages are more than Rs. 10000 and Basic + DA are less that Rs10,000/-
Thanks & Regards
K. LAKSHMI NARAYANA
boss2966
Yes
If the Basic + DA is less than Rs.10000/- then the employee is eligible for Bonus. Even some companies are paying Bonus to those who are drawing more than Rs.10000/- pm. For the Managerial Cadre the companies are paying the same bonus in the name of Ex Gratia.
K Lakshmi Narayana
Dear All Friends
I am a Manager (HR & Admn.) in a Private Limited Company which is engaging regular as well as contract labour. Please inform me whether a permanent employee, working in a Company which has more than 5 years old, is eligible for Bonus under the conditions that his Basic + DA more less that Rs.10000/- and his Gross salary is more that Rs.10,000/-.
Please advise me.
Thanks & Regards
KOTA. LAKSHMI NARAYANA
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