Any Rule On The Amount Of Diwali/festival Bonus? - XLS Download

Bonus calculation depend on different organisation policy. = basic salary*8.33%*no. of month
22nd October 2009 From India, Mumbai

There is no criteria as Diwali Bonus, Bonus can be given for any occasion but once in a year, depending organization to organization. As said it can range between 8.33% to 20% Sarfaraz
23rd October 2009 From India, Bangalore

Make bonus calculation in basic from 3500/- to 10000/- , Bonus will be calculated sample file is attached herewith(Min. 8.33 % to 20% - depend on company profit - Allowacable surplus).
Highly paid bonus to employees, it is an ex-gratia and not bonus under the payment of bonus act.
Gopalakrishnan
24th October 2009 From India, Gurgaon

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Bonus_working.xls (63.5 KB, 176 views)