Bonus

 


The Payment of Bonus Act,1965

  • Helping employees work out the right bonus amount as per the Act to all the eligible employees and ensuring that they are paid  within the due date.
  •  Ensuring necessary register and returns to be prepared and submitted under the Act.
  •  Keeping the HR’s and Clients updated on any new amendments / circulars / notifications pertaining to the Act.
  •  Assisting employers during closures, mergers, amalgamations, union issues which has an impact of employees Bonus.
  •  Attending Labour Inspections / Assessment’s, notices and guiding employers on precautions to be taken under the Act during such assessment and drafting replies wherever required.
  •  Assisting HR’s to work out Cost to Company (CTC) considering Bonus as the case may be.