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Guest

Guest (Querist)

06 August 2011 good morning to all expert,
can any 1 tell me about bonus calculation.
my salary structure are given below.
basic- 21007
hra 40%- 8403
transport allowances -800
madical allowances - 1250
gross salary - 31460

that this my calculation of bonus
31460/12- 2622

than sir it is right or wrong
thanks in advance

Rabindra Kumar Sahu

Rabindra Kumar Sahu (Expert)
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07 August 2011 Generally bonus is given on Basic+DA or percentage on turnover.However in real sense bonus is negotiated with the employer at the time of appointment.Please go through the letter of appointment/ ask about the rule of bonus of the company

Thanks and Regards,
RKS.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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07 August 2011 yes. Bonus will be calculated based on Basic+DA and maximum bonus subject the employment agreement

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