Should i be receiving statutory bonus payment as per payment of bonus act 1965.
Ricky
(Querist) 10 November 2016
This query is : Resolved
I am not receiving my Bonus as per the Payment of Bonus Act 1965. I am working for a reputed BPO.
My salary slip shows Advance Bonus as Fixed CTC.
As per Salary Slip
Monthly Gross (or) Fixed CTC =
Basic + HRA + Conveyance + Advance Bonus + Medical + Shift Allowance
I am not receiving my Statutory Bonus Payment. Bonus is always paid for the finacial year i.e from April to March. So what I receive as "Advance Bonus" is actually a fixed salary component payable each month. And such a fixed component being paid month-on-month should be treated as a wage component. So should I be receiving Statutory Bonus Payment as per Payment of Bonus Act 1965.
Kumar Doab
(Expert) 10 November 2016
Bonus,Gratuity are without any cost to employee and statutory obligation of employer.
If employer is paying Calendar year bonus month wise,why do you want to object.
you have not mentioned your amount wise monthly break up of wages.
Rajendra K Goyal
(Expert) 11 November 2016
Have you represented to the employer, if so what is their reply?
Ricky
(Querist) 12 November 2016
Sir the problem is I am paid very less salary. Now what I receive as Advance Bonus is actually part of my wages which I receive each month. The salary is not as per the average salary a person gets and also I am having a experience of 6 years. The average market salary today for a fresher in a BPO is at-least Rs 25,000 and I receive a salary (Fixed CTC) of 10,000 where I have to work in full night shift’s also. Which contains my Advance Bonus. So should I receive Anual Bonus as per Bonus Act. The employer says this is all that one gets.
Salary Slip.
Monthly Gross (or) Fixed CTC=
Basic= 4118,+ HRA= 1647, +Conveyance= 824, +Advance Bonus= 700, +Medical= 1565,+ Shift Allowence= 1,076
Total = 9,930.
Kumar Doab
(Expert) 13 November 2016
Bonus is paid after it is declared.
Apparently the establishment has paid amount in name of bonus............and had favored you.
If you are experienced and paid less, change and be with establishment that pays as per your experience and skills.
Rajendra K Goyal
(Expert) 13 November 2016
May proceed as advised by the expert Kumar Doab.
Rajendra K Goyal
(Expert) 13 November 2016
May proceed as advised by the expert Kumar Doab.
Guest
(Expert) 13 June 2018
Good, it took more than one and half year for Ms. Usha Kapoor to agree with the advice of some expert.
