Ms. Mary S (Manager - HR) 02 December 2014

Bonus query

Dear All,

The following is my query and expecting your support on the same:

I am working in a contracting company where we engage more of contractor labours through subcontractors. When it comes to the settlement part, what will be the eligibility of bonos for the details given below:

Month No. of days worked Salary Earned

April 16 3600

May 15 3375

June 8 1800

Total Rs. 8775/-

Should we pay 8.33% on Rs. 8775/- or should we pay Rs. 3500/-

Expecting your guidance.

Regards,

Mary

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4 Replies

Ajeet Kumar (Consultant) 08 December 2014

Dear All,

Hope you doing good!

I have worked for 18 months for a MNC. My company is not giving my variable pay (commision, bonus & incentive) though FNF, which is shown on offer letter as part of CTC (Variable Pay). I followed the HR person for the same then they replied through mail that they pay variable earning to the active members only ( working employees) which is the policy not to left employees.

Please suggest the further step for me.

Regards,

Ajeet Kumar

Jai Karan Nagwan (consultant) 19 December 2014

@ Mary: employees entitled 8.33% of wages or Max Rs. 3500/ Per annum or Max Rs 292/ per month. @ Ajeet: This is general practice in MNC due to some scrupulous pay roll or C&B managers, because they want to show that he is making profit for the company, but intact he is making big loss to company. Right suggestion for you, if you are not manager or supervisor, complain to labour commissioner and on this he can take class action on behalf of all resigned employees.