Actually I\'ve worked in a company from last 18 months and I\'ve to decide for switch to another company so here i want to know if i am going to leave this company may be in the coming year, the company will provide me the performance bonus (for the year i had worked) with my full and final?

From India, New Delhi
jkct15
184

HI It depends on the company’s policy. If its a part of your CTC, yes they will settle you in full (as per the percentage fixed by company) or a minimum of 8.33% will be given to you.

Dear Friend,
You are eligible for bonus as per act. Since you made contributions in the accounting year. But you have to check the appointment terms and conditions. If the bonus is added in your ctc, you can get the same.
Regards
Palaniswamy.Ram

From India, Namakkal
bcarya
162

Dear Shubham, Performance Bonus and Bonus (as per Bonus Act) are separate issues. So, plz. first clear that about which Bonus you are talking..??
From India, Delhi
This topic has been discussed on this forum many times before.
At least do us all a favour by doing a Search (use the research button on the top of the page) and read the discussions that have already taken place in depth.

From India, Mumbai
Its at the discretion of the Management, even if the T&C of your appointment may mention your eligibility for the period you are entitled to.
From India, Madras
Company need not pay bonus If your Basic salary is more than 10K . If bonus is part of your CTC as performance bonus then they may consider.
From India, Chennai
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