Employees earning above Rs 7,000 a month may still be eligible for bonus. Here’s what the new Labour Code says about the Rs 7,000 calculation base, Rs 21,000 eligibility limit and bonus payout.
As most people are beginning to plan for the holidays, business owners may also be preparing for year-end bonuses — and the financial considerations that come with them. — Getty Images/svetikd With ...
The Central Government recently notified that the bonus payable to an eligible employee will be calculated as if their wage were Rs 7,000 per month or the minimum wage fixed by the Central Government, ...
Good news: Employees earning up to Rs 21,000 can receive a bonus under the new labour code; Bonus is atleast 8.33% and maximum 20% of wages.
On January 5, 2026, the United States Department of Labor, Wage and Hour Division (DOL) issued six new opinion letters interpreting the Fair Labor Standards Act (FLSA) and the Family Medical Leave Act ...
With the end of Q4 just around the corner, year-end bonuses are top-of-mind for many businesses and their employees. As a small business owner, it can be challenging to know how to strike the right ...