Good afternoon to all seniors. Could you please provide details regarding bonus payments and the recently revised minimum wages to be paid in Andhra Pradesh?
Eligibility for Bonuses
Regarding bonuses, I have an idea about the rules, i.e., how much should be paid. My question is: who is eligible for bonuses? Do we need to pay bonuses to contract labor and casual labor?
Regards
From India, Hyderabad
Eligibility for Bonuses
Regarding bonuses, I have an idea about the rules, i.e., how much should be paid. My question is: who is eligible for bonuses? Do we need to pay bonuses to contract labor and casual labor?
Regards
From India, Hyderabad
You need to pay a bonus for casual laborers/Gate Casuals/Badilis. It should not be less than the AP minimum wages. The principal employer should pay the bonus/salaries, etc., to the contract labor only if the contractor fails to pay within the due date. The ceiling for the bonus is Rs 3500 per month. Bonus payment should be calculated based on (Basic + DA + Retaining Allowances, etc.). The minimum bonus is 8.33%, and the maximum bonus is 20%.
Regards
From India, Rajamahendri
Regards
From India, Rajamahendri
dear vinay thanks for your reply.i have one more question. can u please suggest details regarding bonus payment and recently revised minimum wages to be paid in andhra pradesh
From India, Hyderabad
From India, Hyderabad
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