Bonus Calculator
Estimate employee bonus from salary, bonus %, and eligible months — separate from statutory Bonus Act rules.
8.33% × 12 months ≈ one month’s salary.
Statutory mode uses the same % math with a Bonus Act disclaimer — it does not apply Act ceilings.
Generic estimate: monthly salary × (bonus % ÷ 100) × eligible months. Statutory illustrative mode uses the same arithmetic but warns that Payment of Bonus Act eligibility, wage ceilings, and min/max percentages are not applied. Variable performance bonuses and tax are not modeled.
How is employee bonus calculated?
Enter the salary base, bonus percentage, and eligible months. Estimated bonus = salary × (bonus% ÷ 100) × months.
How does bonus percentage work?
8.33% of monthly salary for 12 months is roughly one month’s pay. Employers may use fixed months, % of CTC, or discretionary amounts instead.
What is statutory bonus?
Under the Payment of Bonus Act, eligible employees may receive a minimum/maximum bonus linked to wages and allocable surplus. This calculator does not auto-apply Act ceilings or eligibility tests.
What is the difference between bonus estimate and statutory bonus?
The generic mode is an employer-style % estimate. Statutory illustrative mode uses the same % formula with an explicit disclaimer that Act rules are not applied — use it only as a rough illustration.