Respected Sir/Madam,
I have joined on 27/12/2012 as a probationer in a company with a salary @Rs8000.00 per month. The company is offering minimum bonus@8.33% up to a maximum ceiling of Rs3500.00 for the accounting year 2012-13. Please help me to calculate my Bonus .
From India, Tezpur
I have joined on 27/12/2012 as a probationer in a company with a salary @Rs8000.00 per month. The company is offering minimum bonus@8.33% up to a maximum ceiling of Rs3500.00 for the accounting year 2012-13. Please help me to calculate my Bonus .
From India, Tezpur
If you have no LWOP, your December attendance will be 4 out of 31, ie 0,129. For 2012 - 13, the attendance will be 3.129 months out of 12 months, i.e 0.26. Therefore the proportionate Bonus will be 0.26x3500 = 910 or 912 (if we take the fraction as 0.2607527 instead of 0.26).
Abbas.P.S
From India, Bangalore
517Abbas.P.S
From India, Bangalore
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf
Bonus-amendment _206.doc