Clerification Letter

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Hi Archana,**Appointment Letter Format:**(Company's Letterhead, Address, and Logo)Reference:Date:(Name of Successful Applicant and Address)Dear Sir/Madam, (or State Name)**APPOINTMENT AS ….................................................**We are pleased to offer...

Offer Letter / Appointment Letter / Termination Letter /(29/Oct/2010)

I quite agree with Bhagwan, but at the same time, on termination letters, be careful regarding the grounds of termination whereby the terminator can challenge his case in labor law or courts, in that matter. Ensure that when you are terminating a person, all res...

Offer Letter / Appointment Letter / Termination Letter /(29/Oct/2010)

Sample Termination LetterYour NameJob TitleCompany NameAddressCity, State, Zip CodeDateEmployee NameAddressCity, State, Zip CodeDear Mr./Ms. Last Name,I would like to inform you that your position with the ABC Company will be terminated effective immediately. Hu...

Offer Letter / Appointment Letter / Termination Letter /(29/Oct/2010)

Hi everyone,I have been tasked with creating an offer letter, appointment letter, termination letter, appraisal letter, and last but not least, an experience letter. Please assist me with this as I am new to this and feeling stuck.Regards,Archana ChauhanSource I...

I think the definition of wages in the act is very clear. It says basic and DA. So none of the allowances will be included in the computation of bonus.

Clerification Of The Definition Of Wage Under Payment Of Bonus Act(3/Mar/2016)

I would like to add an additional thing: If Basic + DA + all allowances altogether make a minimum wage, then what would be considered for a bonus? Is it still the same Basic + DA to be taken, as the recent amendment says 7000 or the rate of MW of scheduled emplo...

Clerification Of The Definition Of Wage Under Payment Of Bonus Act(3/Mar/2016)

There are numerous books on challenges faced in HR functions in an organization, but not on the problems faced by HR practitioners in a firm. What are all the problems they face with respect to career growth, training they receive, salaries, etc.?

Clerification Of The Definition Of Wage Under Payment Of Bonus Act(3/Mar/2016)

Dear All,I agree with Mr. Umakanthan. As per the PB Act, bonus calculation is based only on Basic + DA/VDA. For better clarification, please refer to the attachment.

Clerification Of The Definition Of Wage Under Payment Of Bonus Act(3/Mar/2016)

Dear Srivastava,The term "salary or wage" defined under Section 2(21) of the Payment of Bonus Act, 1965 is in line with the view of the recommendation made by the Bonus Commission in its report that bonus should be related to wages and dearness allowance taken t...

Clerification Of The Definition Of Wage Under Payment Of Bonus Act(3/Mar/2016)

Dear All,We are unclear about the definition of wage under the Bonus Act. We are paying various monthly allowances, apart from basic pay, as listed below:1\. Medical Reimbursement2\. Children Education Allowance3\. Transport Allowance4\. Child Hostel Allowance5\...

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