I am working for a reputed private bank. I have been promoted to manager but did not receive a bonus, while all our team members, except me, received both salary and bonus. I only received the salary. What could be the possible reasons for this? Can I still get it or not?
From India, Hyderabad
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From India, Hyderabad
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Addressing Non-Payment of Bonus
Before you explore reasons for the non-payment of your bonus, you should speak to your immediate boss and address your grievance. This is the only way to find a solution to your situation. There is no law that states when an employee is promoted, they will become ineligible for a bonus.
From India, New Delhi
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425Before you explore reasons for the non-payment of your bonus, you should speak to your immediate boss and address your grievance. This is the only way to find a solution to your situation. There is no law that states when an employee is promoted, they will become ineligible for a bonus.
From India, New Delhi
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Amendment to Payment of Bonus Act 2015.jpg
Published_draft _rules_on Employees_ compensation 3.6.2020.pdf