Bonus - Is Ex Gratia Mandatory Or We Can Avoid Ex Gratia?

Dear All,

I am Sundar. I have worked for a public limited company for the past 2.5 years, and recently, I resigned from my job in April 2011. I asked HR for the bonus for the financial year 2010-11. The HR person informed me that resigned employees are not eligible for the bonus, even though I worked for the previous financial year 2010-11. My basic salary is Rs. 4000/-, and my gross salary is Rs. 13500/-.

So, I kindly request anyone to help me with how I can claim my bonus.

Thank you.

Dear Sundar,

Greetings for the day.

Please convey to the HR personnel to review the bonus act before providing any comments. The act explicitly states that bonuses are payable to individuals who have resigned or been terminated during the applicable period. You are eligible for the bonus for 2011-12 as you resigned in April 2011. If they are unable to make the payment, you may reach out to the bonus inspector in the relevant area of the labor department.

Thanks & Regards,

Sumit Kumar Saxena
9899669071

Subject: Re: Bonus

Dear Seniors,

My name is Servjeet, and I am the Accounts Manager in our company. I am seeking your assistance. Could you please provide me with a sample of the bonus register form C 4(b)?

Thank you,

Servjeet

Dear All,

I am from Kolkata (W.B) and I need a salary certificate format for bank loan purposes. Can anybody send me the above format?

Regards,
Subhajit

Is Ex gratia mandatory to pay when an employee resigns voluntarily?

Dear Subhajit,

Greetings for the day!

Enclosed is the requested format for your reference.

Thanks & Regards,

Sumit Kumar Saxena

Dear Sir/Madam,

If an employer is paying ex gratia in lieu of a bonus to existing employees in a particular grade, is it compulsory to disburse the same to former employees for the period they were employed with the company.

Dear Anil,

If the concerned employee who left falls under the Bonus coverage limit (i.e., salary less than or equal to Rs 21,000) and the Bonus accounting Period, then the departed employee is also eligible for a bonus. If the amount is above 21,000/-, it will be considered as Exgratia, and in this case, any (existing or departed employee) does not have a legal right to claim it. It purely depends on the management's decision whether to pay or not.

T/R Ratikanta Rath

Please share the enrollment certificate.