Bonus component of salary on resignation
Elix
(Querist) 21 June 2019
This query is : Resolved
Dear Experts,
In my appointment letter, the bonus component is mentioned as 20% of basic and is included in the CTC. I have resgined from the job after completion of one year and for the full and final settlement my HR has told me that i will be getting just 8.33% of the bonus. Is this right? Or should i be getting all of the 20%? Are there any rules that govern this aspect?
Your answers will be highly appreciated.
KISHAN DUTT KALASKAR
(Expert) 21 June 2019
Dear Sir,
You may resolve the issue by approaching Labor Commissioner or by filing a civil suit.
Please mark “LIKE” if satisfied by my answer.
Dr J C Vashista
(Expert) 22 June 2019
Consult a local prudent lawyer for better appreciation of facts/records and guidance.
However, if you are located in Delhi and feel so, may contact me (on appointment) with records at:
Chamber No 647, Lawyer's Chamber Block, Dwarka Courts Complex, New Delhi-110075
Cell # +91-98911-52939 email: majjagdish@yahoo.com, website: vakil-saab.com