Bonus payment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 October 2013 Hi,

I work in a BPO. In my appointment letter it is shown a percentage for "Statutory Bonus" along with other salary splits (for e.g. basic, conveyance, etc.).

However, this bonus is variable and depends on our performance and is paid only in February Salary (if i am on the payrolls of the company on that day) for the bonus year (Dec to Nov - previous year).

If I leave the company before 28 February (salary payment day) then, i will not get the bonus which has been for the previous year (Dec-Nov).

However, my question is, what can be done to get this bonus (for the months worked) if I leave the company due to any unavoidable reason before the said date as mentioned by the company.

Can a company make such law which is totally against employees?

Please advice.

@VaibhavJ

@VaibhavJ (Expert)
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10 October 2013 Hi

If it is statutory bonus than you are entitled to it as per norms.

You are entitled for statutory Bonus if you are drawing monthly basic salary upto Rs. 10000.

In other cases if you agree with terms of appointments you can not fight for recovering performance bonus if they do not pay on poor performance or as per other terms.

Thanks//VaibhavJ