Nicky posted an Question
September 22, 2021 • 13:13 pm 30 points
  • UGC NET
  • Human Resource Management

4. an employee is employed in an industry on a wage of rupees 8500 per month which is fixed at the minimum wage as scheduled employment by the appropriate gove

4. an employee is employed in an industry on a wage of Rupees 8500 per month which is fixed at the minimum wage as scheduled employment by the appropriate government.what is the amount of Bonus he shall be entitled to if it is to be paid at the minimum rate of 8.33% by the employer under the Payment of Bonus Act 1965? A. Rs 7000 B. rs 9000 C rs 8500 D. Rs 3500

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  • Nicky

    iska ans Kahi b thik nhi dia hua. Kahi 8500 n kahi 3500. I think 7000 hi correct answer hai

  • Priya sarda

    8500

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    why 8500* 8.33% × 12. .it must b 7000. I don't understand this. I study in book if salary is more than 7000 then we calculate bonus on 7000. and if salary is less than 7000 then we calculate bonus on actual amount.

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