Formula Bonus Definition

3,500 per month and the payment is subject to the stipulation that the bonus payable to employees drawing wages or salary not exceeded to per month

Calculation of Bonus Accrual Situation 1: The bonus is based strictly on pre-bonus income The equations are: B = bY T = t Situation 2:

bonus game rummy Percentage of Achievement: The bonus amount is often determined as a percentage of the base salary, based on the level of achievement of these

bonus share list 7000- then the bonus is calculated on the actual amount by using the formula: Bonus = Salary x 100; If Salary is more than Rs 7,000