Bonus and gratuity are forms of financial rewards provided to employees by their employers, often as a token of appreciation for their contribution to the company's success or as a benefit tied to their tenure.
Bonus: A bonus is a one-time payment made to employees, typically beyond their regular salary or wages. It is often awarded based on individual or collective performance, company profits, or other predetermined criteria. Bonuses can come in various forms, including cash, stock options, or additional benefits such as extra vacation days.
Gratuity: Gratuity, also known as a gratuity payment or a tip, is a monetary sum given by an employer to an employee at the end of their service. It's usually provided to employees who have completed a certain number of years in service with the company. Gratuity is often mandated by law in many countries as a form of retirement benefit, serving as a financial cushion for employees after their years of service.
Both bonus and gratuity serve as incentives to motivate employees, enhance morale, and retain talent within the organization. They play crucial roles in recognizing and rewarding employees' efforts and loyalty, contributing to a positive work environment and employee satisfaction.
The 5 hours live spread over a span of 3 days will focus on the important aspects of payment of gratuity act and payment of bonus act. The Live sessions will enable the participants to get their queries resolved in real time with the faculty.
Course Fee - Rs 1999/-
Special offer for GST Annual Membership subscribers
Course Fee (Without Recording) - Rs. 1260/-
Payment Link - https://rzp.io/l/5MznAhMkT
