Festivital season is here and everyone look forward to get Bonus, it is not only a key motivator for better performance but also a much need thing to celebrate festivals. Telangana government owned company Singareni Collieries Company Limited (SCCL) announced that this Dussehra 48,000 employee of the company will receive a bonus of 1,00,899. The coal production in the company done at a record of 64.41 million tonnes.
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This Dussehra SCCL Is Giving Rs 1 Lakh Bonus To Their 48,000 Employees
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First Understand WHAT IS BONUS??
The bonus is a reward that is paid to an employee for his work dedication towards the organization. The basic objective to give the bonus is to share the profit earned by the organization amongst the employees and staff members. In India, there is a principle law relating to the procedure of payment of bonuses to the employees and that law is named as Payment of Bonus Act, 1965.
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