Confused About Bonus Calculation Methods? Let's Discuss the Right Approach for June

z_sachinkhare
I have a query about bonus calculation. If any employee's fixed basic is Rs. 5000 per month, then I have calculated as shown below:

Bonus Calculation Table

Month | Fixed Basic | Attendance | Basic as per Attendance | Basic For Bonus | Bonus 8.33%
---|---|---|---|---|---
May | 5000 | 26 | 5000 | 3500 | 292
June | 5000 | 15 | 2885 | 2885 | 240

However, some companies calculate the bonus differently for June:

Alternative Bonus Calculation for June

Bonus => July => (3500/26) x 15 (attendance) = 2019 * 8.33% = 168

Which one is the correct calculation for the June month bonus?
Prashant B Ingawale
Your May calculation is correct, but in the case of June, 168 is the correct calculation.

malikjs
Prashant has mentioned correctly that the calculation of June, shown as 168, is correct.

Regards,
JS Malik
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