Dear members
I have a clarification pertaining to Bonus Calculation.
Bonus Calculation is done with Rs.3500/-
Bonus Ceiling - Rs.10,000/-
My doubt is
Our company is paying Bonus before deepawali for all employees irrespective of Bonus ceiling.
Bonus - 20% and Ex-gratia - 30%, Calculation with - 3500/-
Let us take an employee Basic+DA - 10,000 per month. If he goes on loss of pay of 10 days during a month. His earned basic+DA for that month will be Rs.6660/-.
As per act 20% bonus - Rs.8400/-. Does the 10 days loss of pay will reduce his bonus amount or not??????
