If i am relieved on 31st of October will i get bonus next year?
From India, Chennai
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1From India, Chennai
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Hi Mohammed, you did not mention the period during which you worked this year. An employee needs to work for a minimum of 30 days to be eligible for the year-end bonus. This bonus is typically paid around October/November each year. Since you mentioned that you left in October 2017 (presumably referring to this year), you may be eligible for the bonus next year, provided that the company has been paying bonuses for past years. Hopefully, you will receive it before November 30. Depending on the months of service and the declared bonus, it will be prorated.
I hope this clarifies things.
From India, Visakhapatnam
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I hope this clarifies things.
From India, Visakhapatnam
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Dear Mohammed,
You will get a bonus for the year 2017-18, provided you have worked for 30 days during the year 2017-18. If you fulfill the criteria, then your employer is obligated to pay you on any day after 1st April 2018 to 30th November 2018.
From India, Mumbai
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You will get a bonus for the year 2017-18, provided you have worked for 30 days during the year 2017-18. If you fulfill the criteria, then your employer is obligated to pay you on any day after 1st April 2018 to 30th November 2018.
From India, Mumbai
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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
From India, Chennai
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From India, Chennai
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Gratuity calculation.doc
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