Dear All, Greetings
I have certain queries regarding the payment of bonus.
1. Is it mandatory to pay bonuses to the employees, even when the company makes no profit?
2. What is the eligibility of employees to get bonus under the act.
3. When the bonus should be paid to the employees.
My company is a Pvt. Ltd company. Employee strength is 90+. Location is TN.
Kindly help me to understand
Thanks
I have certain queries regarding the payment of bonus.
1. Is it mandatory to pay bonuses to the employees, even when the company makes no profit?
2. What is the eligibility of employees to get bonus under the act.
3. When the bonus should be paid to the employees.
My company is a Pvt. Ltd company. Employee strength is 90+. Location is TN.
Kindly help me to understand
Thanks