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BONUS ON SUSPENSION ALLOWANCE

malikjs Contributing Member - Member Since: Oct 2008
Subject - BONUS ON SUSPENSION ALLOWANCE
Dear
i would like to know whether bonus is payable on suspension allowance.
tks
j s malik
jitendersyadav Contributing Member - Member Since: Sep 2008
Subject - Re: BONUS ON SUSPENSION ALLOWANCE
only on basic.
Madhu.T.K - Member Since: Oct 2008
Subject - Re: BONUS ON SUSPENSION ALLOWANCE
Subsistence Allowance paid during the period the employee was/ is on suspension shall not form part of wages and hence for calculating bonus any amount paid by way of subsistence allowance ( suspension allowance) will not be considered. However, once the suspension is revoked and difference of salary paid the same will be taken for bonus retrospectively.

Regards,

Madhu.T.K
malikjs Contributing Member - Member Since: Oct 2008
Subject - Re: BONUS ON SUSPENSION ALLOWANCE
tks madhu
i too agree with you.
j s malik

 


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