I have joined a new organization. Our organization paying a statutory bonus of rs. 8000 to each permanent worker irrespective of their actual wages which is much higher than rs 8000. Actually, there is a settlement with the union that for bonus calculation the bonus will be considered as if it a fixed Rs.8000 for each workman.
my question is although if there is an agreement/ settlement, paying fixed Rs.8000 is not a violation of the bonus act.
my question is although if there is an agreement/ settlement, paying fixed Rs.8000 is not a violation of the bonus act.