Would you mind if I could get some information/clarifications about bonuses? If you would not mind, could you please advise me?
You see, we have appointed 3 marketing executives along with one programmer. One of the marketing executives was appointed in October 2006 with a total gross salary of Rs. 35,000 per month. The second marketing executive was appointed in April 2007 with a gross salary of Rs. 40,000 per month. The third marketing executive joined the company in August 2007 with a gross salary of Rs. 40,000 per month. The programmer was appointed in May 2007 with a gross salary of Rs. 30,000 per month.
The issue is that all four employees have asked for a Diwali bonus. Also, in our organization, the bonus for other staff is calculated as per the financial year from April to March.
I would like to ask you:
1. Are all four candidates eligible for a bonus?
2. Since their salary is about Rs. 10,000, are they right to claim a bonus because they say they used to get a bonus in their earlier company where they worked?
3. If the management wants to give them a bonus, how would the bonus be calculated (meaning which months should be counted for giving the bonus since in our company it is from April to March)?
4. Could you please tell me from which month we should calculate the bonus for each of the above employees?
Please advise.
Best regards
You see, we have appointed 3 marketing executives along with one programmer. One of the marketing executives was appointed in October 2006 with a total gross salary of Rs. 35,000 per month. The second marketing executive was appointed in April 2007 with a gross salary of Rs. 40,000 per month. The third marketing executive joined the company in August 2007 with a gross salary of Rs. 40,000 per month. The programmer was appointed in May 2007 with a gross salary of Rs. 30,000 per month.
The issue is that all four employees have asked for a Diwali bonus. Also, in our organization, the bonus for other staff is calculated as per the financial year from April to March.
I would like to ask you:
1. Are all four candidates eligible for a bonus?
2. Since their salary is about Rs. 10,000, are they right to claim a bonus because they say they used to get a bonus in their earlier company where they worked?
3. If the management wants to give them a bonus, how would the bonus be calculated (meaning which months should be counted for giving the bonus since in our company it is from April to March)?
4. Could you please tell me from which month we should calculate the bonus for each of the above employees?
Please advise.
Best regards