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Bonus Calculator

Calculate your statutory annual bonus from basic pay and bonus percentage, using the wage ceiling that applies for statutory bonus calculation purposes.

How to Use Bonus Calculator
  1. 1Enter your monthly basic pay
  2. 2Enter the bonus percentage (default reflects the statutory minimum)
  3. 3Click Calculate to see your annual bonus and monthly accrual
Frequently Asked Questions

Statutory bonus rules apply a wage ceiling for the calculation base — even if your actual basic exceeds that ceiling, the bonus computation itself uses the capped figure, not your full basic pay.

The statutory minimum is typically 8.33% of the calculation base (equivalent to one month's capped wages), with a higher statutory maximum also defined — check what percentage your employer actually applies, since many pay above the statutory minimum.

Eligibility is generally tied to a salary ceiling under the applicable bonus legislation — employees earning above that ceiling may not be covered by the statutory scheme, though some employers pay a discretionary bonus regardless.

No — this calculates the statutory minimum bonus tied to wage law. Use the Variable Pay calculator for a performance-linked bonus based on target achievement.

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