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Bonus Payment - it is mandatory to pay the bonus every year or any exemption is there? - CiteHR

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SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


hukkli
1

Dear Seniors , Company running from 30 years. due financial problems present year bonus not able to pay to employees, it is mandatory to pay the bonus every year or any exemption is there.
From India , Bangalore
rkn61
584

As per Payment of Bonus Act, it is mandatory for a company to disburse bonus amount to its employees at minimum rate (8.33%), even if company is not financially sound enough
From India, Aizawl
hukkli
1

thank you sirhttps://www.citehr.com/m/1345243-hukkli/
From India , Bangalore
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