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Thursday - 24 May 2012

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Performance Bonus
Human Resources » Performance Management


Chrm Message From: vayjanthi Total Posts: 10 Join Date: 12/03/2009
Rank: Beginner Post Date: 06/06/2010 05:15:25 Points: 50 Location: India
Hello Everybody,
 
We are a manufacturing co. involved in paper & metal conversion.
I am looking for a suitable performance bonus scheme for a manufacturing company.
 
Please share.

Vayjanthi
Chrm Message From: guy Total Posts: 14 Join Date: 12/03/2009  
Rank: Executive Post Date: 06/06/2010 05:16:22 Points: 70 Location: India
We pay as follows: (per annum)
Chief Manager - 27K
Sr. Manager -   22K
Manager - 17 K
Dy Manager - 12K
Sr Executive - 10K
Executive - 9K

This amount is subject to Performance Rating.
Based on Performance Rating, an individual employee get 120%, 100%, 75%, 50%, 25% or 0% of above amount.
 
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