Bonus Act Notification 2021

Hello all,Thank you for the information. I just wanted to know further: do we have to pay a bonus to our field marketing staff when they are receiving their special performance bonus based on the volume of sales they are achieving.Please provide your opinion.Tha...

Dear Divyang,The bonus being discussed is a statutory payment under the Payment of Bonus Act. The performance bonus, which is based on the volumes of sales, is entirely dependent on the employee's performance. It has no connection to the statutory bonus payment....

Is 8.33% the standard percentage for calculating bonuses? If it is the minimum, what is the maximum percentage? Who determines these percentage limits?S. Saravanan

Dear Cite HR friends,Please find the WB CLRA Rules amendment Circular. Rule 24, i.e., security deposit has been increased from Rs 20 to Rs 100, and licensing and registration fees under Rule 26 have also been changed.Regards,MG

Hi,How are organizations managing this extra cost when they just had increments? Moreover, is there a stay on retrospective payment of bonus? Ref- http://www.business-standard.com/article/economy-policy/kerala-high-court-issues-interim-stay-on-retrospective-amen...

**Telangana State Minimum Wages Gazette Notification April 2021 to September 2021**Employers in Telangana must adhere to the revised minimum wage rates outlined in the Gazette notification issued by the state government for the period from April to September 202...