ELIGIBILITY FOR BONUS

eligibitity for bonus is from day 1 of employment.

Entitlement for ESI is as per the ESI Regulations and, therefore, mandatory. However, perks like bonus, incentive, etc., are components of contract between the employer and the employee. Also it could be reasonable for an employer to hold that during probation an employees learns and hence the real performance for incentive could be measure from the day of confirmation. If an employee were to claim for intentive day one of joining, the employer could set a target performance equivalent to a permanent employee, which could be difficult for a new joinee unti he had previous experience and best in performance!

VASUDEVAN

Learned Mr. Vasudevan has elaborated and made the matter crystal clear.

Your concern is employee should be rewarded with Incentive/bonus from day 1; while  it is the employer's discretion and can link it to the performance.

In today's context the employee should be smart and must have adaptability, flexibility, situational management, persistence etc.

In corporate world it is acknowledged fact that money motivates. Speak to the corporate in corporate language.

Approach the decision making authority e.g. Head of sales if you are in sales, and make a presentation that the employee shall be  all the more inclined to perform better if he/she knows there shall be a reward of performance incentive/bonus and for probationers a scheme may be formulated with reasonable targets compared to a confirmed employee so that they taste the money and get into the habit of it by the time they earn their confirmation of service they are seasoned and hardcore performers and become an asset for the organization.

There are companies which still offer moderate salary but huge and high incentives and some them hardly spend anything on training, R&D etc but the vintage of their employees is in tens of years and they earn lacks of rupees in incentives. People long to join them but until they expand there is no vacancy. e.g. Micro Pharma.

Dear ALL

Thanks for the contribution

I could not respond immediately as I was away on certain personal committemnts for some time

thanks & regards to all the contributors