Viral. 0 Report post Posted October 19, 2012 Hi Guys.!! I am working with Pvt Ltd Company from last 1.5 years. At present my monthly Net salary is Rs 12,999 & Basic is 6,000 Minimum bonus is 8.33% of basic salary earned during the accounting year and Maximum is 20% under the payment of Bonus Act,1965 How can i calculate my bonus amount. Please guys help me. Thanks... Share this post Link to post Share on other sites
Honest 836 Report post Posted October 19, 2012 Not sure, but I think the bonus will be equal to your one month basic salary. Share this post Link to post Share on other sites
kundalus 24 Report post Posted October 19, 2012 Not sure, but I think the bonus will be equal to your one month basic salary. U r right sir. Its one months basic which the employer is bound to pay. Sent from my XT910 using Tapatalk 2 Share this post Link to post Share on other sites
Viral. 0 Report post Posted October 19, 2012 Not sure, but I think the bonus will be equal to your one month basic salary. U r right sir. Its one months basic which the employer is bound to pay. Sent from my XT910 using Tapatalk 2 Is it as per Bonus act..? or depends on Company ..? Share this post Link to post Share on other sites
ememdy 4 Report post Posted October 19, 2012 Check Bonus act related FAQs - HERE Share this post Link to post Share on other sites
digitalnirvana 646 Report post Posted October 19, 2012 Is it not dependent upon performance? Not sure myself. Oh and welcome to the forum. Share this post Link to post Share on other sites
Viral. 0 Report post Posted October 20, 2012 Check Bonus act related FAQs - HERE Thanks for the link, but its not describe clearly about basic & CTC Is it not dependent upon performance? Not sure myself. Oh and welcome to the forum. as per bonus act, its not depend on perfomance. but sure about on ctc salary or on basic. Share this post Link to post Share on other sites
KTD 60 Report post Posted October 21, 2012 Bonus depends on many factors Viral since you work for a pvt company the following factors apply ... like 1) How the company is performing 2) How you are performing 3) How ur process is performing 4) How are you with your Bosses Share this post Link to post Share on other sites
Viral. 0 Report post Posted October 22, 2012 ^^^ Yes, it may also... thanks bro. Share this post Link to post Share on other sites
aalok 442 Report post Posted October 22, 2012 last mentioned factor by KTD overrules every other factor.. Share this post Link to post Share on other sites
