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Effect of personal bias of the performanace apprasier?
some in does the bias of the
Performance linked incentives based on revenue earned
Hello experts i am hr asst. manager working for corporate of 150 employees and our management would like to relook and the incentive structure. as a current practice we have defined incentive percentage viz. 12.5 17.5 and 30 on gross salary based on their performance. we also have performance calculator based on their kpas and also designed performance slabs to pay incentive percentage. however now management would like to link performance incentives to revenue target which is generated for the fiscal year. for example if x would be the revenue achieved than y would be the total incentive payout for all the employees. hence i would like to know how we can calculate the total incentive payout among all the employees and also based on their individual performance and revenue achieved. would need your expert advice.
Performance appraisal- million dollar questian ????????????
Hello all i would like to know if there are any performance appraisal systems or methods in place which are "bias free" this questian is especially for the seniors who have presided over tons of pa s?
Served a complete three-month notice period. can the company withhold my pli payout?
As part of my ctc i have a pli component which is pegged at 15 of my gross salary. i work for a french company in india. we follow the french financial calendar that is sepaug and our pli for the financial year sepaug is usually paid out in the month of oct post our performance reviews. i am currently in the last leg of my notice period and was under the impression that i would be getting my pli on a pro basis however i now understand from hr that i will not be receiving this pli. they have said that since you will not be with the organization at the time of payout you will have to forfeit the same. i have read through all the hr policies in detail and also i have validated my appraisal letter and nowhere has it been mentioned that if you are not with the organization at the time of payout your pl will be forfeited. as per the policy i have also served a complete threemonth notice period. can the company withhold my pli payout? i can accept the fact that it may not be paid out to me in my fnf however is the company not liable to give me the same at the time of payout in the month of october? i have already spend 10 months of the current financial year with the organisation. i am seeking an expert advice on the same.
Taxes for incentives - shall the taxable amount be calculated only on incentives or incentives + gross salary?
Hello everyone our company has planned to provide incentives to the sales team. so i have some questions regarding it. 1 is the incentive amount taxable for both the employer and employee? if yes then what type of tax should we be paying like tds or any other? 2 should incentives be added to gross salary? 3 what will be the minimum taxable amount? shall the taxable amount be calculated only on incentives or incentives gross salary? please suggest. thank you.
It company paying us 1000 rs as payout?
Hello all plz tell me the normall payout charges of a consultancy from any it company.an it company giving 1000rs as payout chargessince we are new into placement business so we dont know the exact charges but i doubt charges would be more higher..plz tell me about that