Get the free rejoining bonus

Fleet Personnel Division India SPECIAL REMITTANCE FOR REJOINING BONUS NAME OF SEAFARER RANK LAST VESSEL PERIOD SERVED SIGN ON DATE SIGN OFF DATE REPORTED TO JOIN JOINING VESSEL DATE APPLICABLE REJOINING BONUS YES AMOUNT OF REJOINING BONUS APPLICABLE PLEASE REMIT ABOVE AMOUNT TO BANK A/C BENEFICIARIES BANK NAME ADDRESS IFSC CODE Sign FPE Signature Approved Place Form AEI-FPD 37 Date Revision 1 Page 1 of 1 Issue Date 16.

How to fill out rejoining bonus form

How to fill out rejoining bonus:

1. Gather all necessary documentation and information related to the bonus, such as the employee's previous employment details, the reason for their departure, and any specific terms and conditions applicable to the bonus.
2. Review the company's policy or guidelines regarding rejoining bonuses to ensure compliance with the established rules and requirements.
3. Consult with HR or the relevant department to confirm the process for applying for the rejoining bonus and obtain any necessary forms or applications.
4. Complete the required forms accurately and provide all requested information, including personal details, employment history, and reasons for rejoining the company.
5. Attach any supporting documents or evidence, as requested, such as resignation or termination letters, and any relevant certifications or qualifications.
6. Submit the completed application and supporting documents to the designated department or individual responsible for processing rejoining bonuses.
7. Follow up with HR or the concerned department to ensure that the application is received and processed in a timely manner.
8. If necessary, provide any further information or clarification that may be requested during the application review process.
9. Once approved, receive the rejoining bonus as per the company's policy and guidelines.

Who needs rejoining bonus:

1. Employees who previously left the company but are rejoining the organization.
2. Individuals who meet the eligibility criteria outlined in the company's policy regarding rejoining bonuses.
3. Workers who had a positive employment record before their departure and are now returning to contribute their skills and experience to the company once again.

People Also Ask about

Can my employer make me pay back a bonus?

Typically, the obligation to repay bonus compensation is triggered upon the employee's termination of employment. Once the obligation is triggered, the employee will be required to repay the bonus compensation previously received, either in a lump-sum payment or in installments.

Do you have to return signing bonus if you get fired?

If your employment is terminated by the Company with Cause at any time prior to or on the first anniversary of the Effective Date, or by you for any reason prior to or on the first anniversary of the Effective Date, you will not be entitled to retain any portion of the Signing Bonus and you will be obligated to

What is a $2000 retention bonus?

A retention bonus, also called retention pay or a retention package, is a lump sum of money a company pays to an employee to stay with the company for a specific amount of time. Usually, retention bonuses are sizable amounts of money, ranging from 10% to 25% of an employee's base pay.

What happens when you have to pay back a bonus?

The most likely outcome is that they will be required to repay the whole amount, which could be an enormous burden for those who don't have the funds. Another concern is that if you don't pay your bonus back when you leave your job, it could cost you the amount in tax.

Should you accept a retention bonus?

It's a sign that you're valued. If you needed a boost to your morale, a retention bonus offer may be just what the doctor ordered. After all, companies don't make these offers to every employee, so if you receive one then you can rest assured that your company values your employment. There may be room for negotiating.

Do you have to pay back a hiring bonus if you quit?

If you leave within 18 to 24 months (the specific payback term will be dictated in your payback agreement), you have to pay it back. And if you've spent the bonus, you're faced with stroking a check for many thousands of dollars — this is classic “money-back guarantee” psychology, and it works.

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What is rejoining bonus?

A rejoining bonus is a financial incentive offered to employees who return to a company after leaving, rewarding them for their previous service and encouraging them to return.

Who is required to file rejoining bonus?

Typically, the rejoining bonus is filed by the returning employee, along with the necessary documentation requested by the HR department of the company.

How to fill out rejoining bonus?

To fill out the rejoining bonus, the returning employee must complete the designated forms provided by HR, ensuring accurate personal information, employment history, and any required signatures.

What is the purpose of rejoining bonus?

The purpose of the rejoining bonus is to incentivize former employees to return to the company, recognizing their value and reducing recruitment costs associated with hiring new employees.

What information must be reported on rejoining bonus?

The information that must be reported on the rejoining bonus includes the returning employee's personal details, previous employment dates, reason for leaving, and any agreed terms of the rejoining bonus.