can company deny to give bonus of previous financial year if i resigned in current financial year before the bonus payout date.
From India, Mumbai
From India, Mumbai
No. Bonus is a retrospective payment to the eligible employee for the services rendered by him in the Accounting Year for which bonus is calculated on the basis of the performance of the establishment and paid in the succeeding year. Therefore, resignation in the current accounting year before the disbursement of bonus for the previous accounting year can not be a disentitlement for the same.
From India, Salem
6016From India, Salem
I am a government employee. Can I apply for private and MNC company? What’s the procedure?for applying in private sector ? prior information is necessary to employer or not.
From United States
From United States
IF YOU ARE GETTING BONUS AS PER BONUS ACT, THEN IT IS STATUTORY TO BE PAID. NO INTERNAL COMPANY POLICY CAN DENY
From India, Ahmadabad
From India, Ahmadabad
Is any PF rule change? regarding deduction , Shall include all allowance or only Basic?
From India, Daman
From India, Daman
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
BONUS CALCULATION FOR W.B.Govt employee for 2010-2011.xls
59-Employee-Eng agement-Ideas-Y ou-Need-to-Know -About-Bonus.pd f
Amendment to Payment of Bonus Act 2015.jpg