You being an employer as well, you are required to pay leave wages as per the Payment of Wages Act and rules there under made applicable by your state government.
However, for payment of bonus with 5 employees, you are under no legal obligation. You may pay bonus voluntarily as a gesture of goodwill, but no legal obligation.
You may also re-check / confirm with a labour law practitioner in your city / state with relevant section of the Payment of Wages / Bonus Acts, Rules under the Acts, Government latest notifications for the purpose and keep their photocopies for your future references.
2006-10-02 22:17:04
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answer #1
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answered by helpaneed 7
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Entitled or required, sure you can. Well you have to pay them wages or else they won't work for ya. You could probably set up bonuses however you want. and a weeks paid vacation after a year or something. You might have to check with state and local ordnances.
2006-10-02 15:37:43
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answer #2
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answered by Grev 4
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nicely I artwork as a JSA processor and we do have self employed claimants. the determination into no be counted in case you're entitled to JSA is made by utilising somebody else yet in certainty in case you at the instant are not being worthwhile and not gainfully employed you are able to receive earnings based JSA so the respond is confident!!!!!
2016-12-15 18:43:44
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answer #3
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answered by Anonymous
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you are required to pay them for the hours they work. if you have not offered employee benefits yet, and wish to do so, you can. devise a benefit program that you can afford. you might include:
sick days , vacations, bonus, health insurance, etc...if you are looking for that contact me at walterknowsall@yahoo.com and we can chat...
2006-10-02 20:07:58
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answer #4
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answered by walterknowsall 5
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If you are a registered company and pay taxes your Chartered Accountant will be able to answer this question.
2006-10-02 15:33:56
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answer #5
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answered by rjbendre 3
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Hi i too want to know how to start any busines. Any help. i am in kolkata.
2006-10-02 21:04:35
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answer #6
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answered by Anonymous
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ask them if they care about those things
2006-10-02 15:34:02
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answer #7
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answered by Anonymous
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not at all
2006-10-02 15:33:50
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answer #8
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answered by Anonymous
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