This year we have distributed to Bonus to exiting employees 8.33% on GROSS sal.of last yr.(Apr.to March)
but we want to give 8.33% on BASIC sal.of last yr.Is it as per Law.can we do that legally.
I want legal dicision on this issue.I am working as a Corporate Manager-H.R./I.R.so have branchas of Thane and Goa.corporate office is at
Pune.We are the mail dealears of GRUNDFOS-manufacturing of International water pumps.
pl.give the reply,at the earliest [Login to view]
Jayant Nisal
Corporate Manager-H.R./I.R.
MULTITECH HYDROSYSTEMS.
but we want to give 8.33% on BASIC sal.of last yr.Is it as per Law.can we do that legally.
I want legal dicision on this issue.I am working as a Corporate Manager-H.R./I.R.so have branchas of Thane and Goa.corporate office is at
Pune.We are the mail dealears of GRUNDFOS-manufacturing of International water pumps.
pl.give the reply,at the earliest [Login to view]
Jayant Nisal
Corporate Manager-H.R./I.R.
MULTITECH HYDROSYSTEMS.