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Bonus

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(Querist)
09 April 2012 Please clarify:

What should be the calculation salary for the purpose of Bonus for Empolyees whoose sly is upto Rs. 10,000/-:

1.Rs. 3,500/- Or Rs. 5000/-

2. Minimum 8.33% Or 11%
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G.N.SENTHILKUMAR

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G.N.SENTHILKUMAR (Expert)
09 April 2012 As per Labour Law 8.33% is mandate But paying more than that is according to the Management/company policy.

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