Can We Stop an Employee's Bonus for Reasons Other Than Misconduct or Financial Loss?

mysunrise1986

Dear Team, I need clarification on Bonus payment regarding whether we stop bonus to employee with any other reasons except misconduct/financial loss to employer..... Regards, Satya
19th September 2017 From India, Hyderabad

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Srinath Sai Ram

631

Dear Satya,

As an employer, you should inform us why you want to withhold payment of bonus under The Payment of Bonus Act, 1965 from your employees. This will help us determine whether it aligns with statutory provisions.

Thank you.
24th November 2017 From India, New Delhi

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