Dear all, We want to give some specific amount to emplyees depends upon turnover. but we want to devide it in to incentive & bonus. how i can apply? plz reply
From India, Mumbai
1From India, Mumbai
all are requested to help me in work out the incentive scheme in advertising agency, also request if you have any ready templet please send me
From India, Mumbai
From India, Mumbai
Hi,
Based on the performance, allocate the incentive amount to each employee.
From the total amount, split the amount into Bonus (SB Bonus) and remaining portion will be paid under the heading of Performance incentive.
Guidelines:
D Jayashri
Based on the performance, allocate the incentive amount to each employee.
From the total amount, split the amount into Bonus (SB Bonus) and remaining portion will be paid under the heading of Performance incentive.
Guidelines:
- Decide whether it is calendar period or financial year. (Note : S.Bonus will always calculated from April to March)
- Calculate the annual ctc
- Derive the rating/Grade for all the employees
- Base on the rating/Grade, category -wise decide the percentage of incentive from annual ctc or annual gross pay
- Calculate the total amount
- Pay under two different headings like incentive & Bonus.
D Jayashri
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