Is Paying Bonuses Mandatory if They're Not Included in Our Offer Letters?

manojag22
Hello,

We are a 3-year-old IT consulting and staffing company with consultants working at client locations. Our offer letter and CTC do not include a bonus, and we have people with basic salaries ranging from 7000 to 21000.

Could you please guide us on whether bonus payment is mandatory if we don't have a bonus component as part of CTC and the offer letter?

Thanks in advance.

Manoj
mohan.kumar551
You have to pay a bonus to employees earning less than 21000/- per month as they are covered under the Payment of Bonus Act.

MOHAN KUMAR
PH: 8921883907
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute