Dear Seniors,
Greetings
I have query on Bonus Act.
I am working with hospitality firm which provide manpower in hospitals, hotels and companies at minimum wage rate (Delhi minimum wage rate)
We are giving minimum wage rate to our workers according to Delhi wage rate which is Rs. 13350/- (increased on 01/04/2017)
I have to calculate bonus for all employees next month. My query is on which rate I should calculate minimum bonus on –
Rs 13350 Which we are provided, increased by Delhi Govt. on 01/04/2017
Rs 9724 Which some co. are providing as there is Stay on increased wages (Rs13350/-)
Rs 7000 Amount which is capped for Bonus
Also if Employees salary (Basic + DA) is Rs 15000/-
Which amount to consider (15000 or 7000)?
Thank you in advance.
Gaurav
Greetings
I have query on Bonus Act.
I am working with hospitality firm which provide manpower in hospitals, hotels and companies at minimum wage rate (Delhi minimum wage rate)
We are giving minimum wage rate to our workers according to Delhi wage rate which is Rs. 13350/- (increased on 01/04/2017)
I have to calculate bonus for all employees next month. My query is on which rate I should calculate minimum bonus on –
Rs 13350 Which we are provided, increased by Delhi Govt. on 01/04/2017
Rs 9724 Which some co. are providing as there is Stay on increased wages (Rs13350/-)
Rs 7000 Amount which is capped for Bonus
Also if Employees salary (Basic + DA) is Rs 15000/-
Which amount to consider (15000 or 7000)?
Thank you in advance.
Gaurav