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Jagannathan (Manager)     07 February 2012

Esi on bonus paid


Is bonus paid to employee will count for ESI calculation.

Kindly update

Thanking You



 3 Replies

V. VASUDEVAN (LEGAL COUNSEL)     07 February 2012

If it is the statutory bonus, it would NOT attract ESI. However, if it is for performance, etc and paid monthly, it would attract ESI. Such invcentive may be paid quarterly, instead of monthly. However, employees at lower rung prefers bit more money for disposal income monthly !

Chaitanya_Lawyer_Mumbai (Lawyer)     07 February 2012

Bonus will not attract ESI even if paid monthly....basic pay determines ESI

radha krishna (vp-hr)     07 February 2012

No - if Bonus paid under Payment of Bonus Act .

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