UNIT 21 PAYMENT OF BONUS ACT, 1965

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For , if your employer declares bonus of 10% on the last 6 months, then you will receive a bonus of = *6 = 1882 Hope this has clarified your doubt

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marj photo Using payroll to distribute bonuses means that the bonus amount is added to an employee's regular paycheck So, with the formula above, you'd Note: To define the Bonus formula in Expression Editor, use only the CV component of the salary head Next, select the months for which the bonus is to be given