Declaring a bonus percentage is a complex process. It needs an accounting mind. However, if the logic is understood, then it is easier to facilitate the process without having any external consultation. The custodian for compliance under bonus provision is the HR professionals. The objective is to educate the concerned professionals and facilitate them to arrive at the bonus percentage with the help of their internal accounting team.
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Declaring a bonus percentage is a complex process. It needs an accounting mind. However, if the logic is understood, then it is easier to facilitate the process without having any external consultation. The custodian for compliance under bonus provision is the HR professionals. The objective is to educate the concerned professionals and facilitate them to arrive at the bonus percentage with the help of their internal accounting team.
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