If i am relieved on 31st of October will i get bonus next year?

mohammed raffi1968
If i am relieved on 31st of October will i get bonus next year?
ssrow
Hi Mohammed
You did not tell period that you worked in the current year. A employee needs to work for a minimum of 30 days to get bonus for the year. This is generally paid around oct/nov of each year. Since, you said you left in oct, 2017 ( presuming ) this year. You have to get next year , provided bonus is already being paid in company for past years. Hope fully you will get next year before Nov, 30. Depending on months of service and declared bonus, this will be pro-rated.
Hope this clarifies.
mohammed raffi1968
Thank you so much for your reply.
i am working in this company for past 24 years
PRABHAT RANJAN MOHANTY
Dear Mohammed
You will get bonous for the year 2017-18, provided you have 30 days of working during the year 2017-18. If you are fulfilling the criteria then your employer is bound to pay on any day after 1st April'2018 to 30th Nov, 2018.
mohammed raffi1968
Thank you for your comments. i am getting relieved on 31 october 2017.
what is the calculation for gratuity as our company does not give DA
mohammed raffi1968
i am getting relieved on 31 october 2017.
what is the calculation for gratuity as our company does not give DA
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