Hi all, wishing you a very wonderful year ahead. Please help me to get more clarity on the matters below:
1. Is it compulsory to pay a maternity bonus of Rs. 3500 to employees going on maternity leave?
2. If a person is earning more than Rs. 10,000, are they still eligible for the bonus of Rs. 3500?
3. Is there any difference between a maternity bonus and the Payment of Bonus Act? Why I am asking is, if an employee earning less than Rs. 10,000 goes on maternity leave, do we have to pay the bonus twice?
Thanks,
D. Chithambararaj
From India, Madras
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91. Is it compulsory to pay a maternity bonus of Rs. 3500 to employees going on maternity leave?
2. If a person is earning more than Rs. 10,000, are they still eligible for the bonus of Rs. 3500?
3. Is there any difference between a maternity bonus and the Payment of Bonus Act? Why I am asking is, if an employee earning less than Rs. 10,000 goes on maternity leave, do we have to pay the bonus twice?
Thanks,
D. Chithambararaj
From India, Madras
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Amendment to Payment of Bonus Act 2015.jpg
Bigger bonuses for more as Lok Sabha amends Payment of Bonus Act - The Economic Times.pdf
THE PAYMENT OF BONUS ACT.doc