This is srinivas working in MNC. I would like to know the Bonus once paid by the employer to the employee. After couple of months can there be an circumstance that an employer comes back and tells employee that they will recover the paid bonus to the employee. Thanks for your help.
From India, Hyderabad
From India, Hyderabad
Please confirm what type of bonus was paid to the employee. Was it statutory bonus paid under the provisions of Payment of Bonus Act, 1965 or it was performance bonus. Once paid, both cannot be recovered per se, we need to know the circumstances under which employer has come up with this kind of quaint demand.
From India, Bangalore
7736From India, Bangalore
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BONUS TO BE PAID BY CHEQUE 7-10-2010 Forwarded message.doc
Amendment to Payment of Bonus Act 2015.jpg