Bonus
This query is : Resolved
21 September 2011
DEAR SIR,
IF AN EMPLOYEE'S SALARY IS RS.22500/M. FIRM GIVES 8.33% BONUS TO EVERY EMPLOYEE.IS THE EMPLOYER CAN BOOK BONUS EXPS IN THEIR AS 8.33 % ON RS.22500.OR IT SHALL BE BOOKED IN EXGRATIA.
IF AN EMPLOYEE'S SALARY IS RS.22500/M. FIRM GIVES 8.33% BONUS TO EVERY EMPLOYEE.IS THE EMPLOYER CAN BOOK BONUS EXPS IN THEIR AS 8.33 % ON RS.22500.OR IT SHALL BE BOOKED IN EXGRATIA.
21 September 2011
You can booked 8.33% as bonus as such limit is on the minimum salary and you can give more bonus than specified but can not give lesser bonus.
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