Dear Sir,
I have resigned from my job after serving the company for 15 months. I have received a release letter after completion of all the formalities as per the terms of employment.
Now, the company is refusing to pay the bonus to me, saying that your salary exceeds 10,000/- per month; hence, you are not eligible for the bonus. However, the company has paid bonuses to other employees in the form of ex-gratia. Please note that one month's bonus forms part of my CTC structure and was duly signed by the CEO of the company.
Can I claim my bonus?
Kindly suggest.
Raj
From India, Ranchi
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I have resigned from my job after serving the company for 15 months. I have received a release letter after completion of all the formalities as per the terms of employment.
Now, the company is refusing to pay the bonus to me, saying that your salary exceeds 10,000/- per month; hence, you are not eligible for the bonus. However, the company has paid bonuses to other employees in the form of ex-gratia. Please note that one month's bonus forms part of my CTC structure and was duly signed by the CEO of the company.
Can I claim my bonus?
Kindly suggest.
Raj
From India, Ranchi
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Hi Raj,
Ex-gratia is an annual component which is willingly given by an organization. As far as the bonus is concerned, the minimum is 8.33% and the maximum can be 20%. It's not compulsory for companies to give; it's at the employer's discretion. However, you can definitely talk to the HR person and find out the reason why others are being given it and you are not. I hope this helps.
I would prefer if some members correct me wherever I am wrong regarding this info.
Regards
From India, New Delhi
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Ex-gratia is an annual component which is willingly given by an organization. As far as the bonus is concerned, the minimum is 8.33% and the maximum can be 20%. It's not compulsory for companies to give; it's at the employer's discretion. However, you can definitely talk to the HR person and find out the reason why others are being given it and you are not. I hope this helps.
I would prefer if some members correct me wherever I am wrong regarding this info.
Regards
From India, New Delhi
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dear if it is a part of your ctc and they have shown in appointment letter they should pay it as exgratia and if it is not shown than you can not claim as right. tks j s malik
From India, Delhi
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174From India, Delhi
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Your query does not disclose whether you fit into the definition of a workman under the I.D. Act 1947. If yes, then the act of the company amounts to favoritism and partiality regardless of merit, which is an unfair labor practice. Since the company is paying ex gratia to others and excluding you, it is engaging in unfair labor practice. In Maharashtra, you can seek redressal under the M.R.T.U. and P.U.L.P. Act 1971, and in other places under the I.D. Act 1947.
From India, Pune
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From India, Pune
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Amendment to Payment of Bonus Act 2015.jpg
Published_draft _rules_on Employees_ compensation 3.6.2020.pdf