Denied Bouns After Tendering Resignation.

parveen_jangra
Dear All ,
Thanks in advance , i have a query regarding compensation .
I work in IT Pvt Company , After one week on my resignation , company announce bonus for Employee for their past contribution toward organisation. As i am working for last 6 year with organisation i thought i will be entitled for this.
But as i haven't received bouns i asked HR regarding , they said that employee who tendered their resignation are not eligible .
I want to know can company decide this on its own.
For better understanding i want to add further information.
1. I am still working with company under my notice period , so when bonus was announced i was legal on roll employee of company.
2. There was no prior information regarding this action ( that employee who tendered resignation are not eligible)
Is there any legal act under labor or employee relation act which i can refer to.
riteshmaity
First find out whether the bonus is paid in terms of the Payment of Bonus Act. If not, then I do not think you have much remedy.
Srinath Sai Ram
Please let me know the Financial Year for which Bonus is Paid (2015-16 or 2016-17), is your Basic/DA/VDA is less than Rs21,000/-PM, to be eligible for The Payment of Bonus Act, 1965?
Under the Payment of Bonus Act, an Employee who has resigned from the Service is also eligible on Pro rata basis
parveen_jangra
Thanks Ritesh &
SRINATH
No i do not fall under Payment of Act salary limit.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute