Dear all,
I have recently joined in a new organization. Here earlier HR has issued Offer Letter & Appointment Letter which included Performance Linked Incentive in CTC components. As per my understanding as PLI is a variable component, it should not be part of CTC.
As per practice, we have to release the amount biannually. When checked, I came to know that it is not paid from last One & Half year. Plus we don't have created any KRA to measure the performance.
Kindly suggest the correct way to show PLI in CTC sheet.
Regards,
Devang Pandya
I have recently joined in a new organization. Here earlier HR has issued Offer Letter & Appointment Letter which included Performance Linked Incentive in CTC components. As per my understanding as PLI is a variable component, it should not be part of CTC.
As per practice, we have to release the amount biannually. When checked, I came to know that it is not paid from last One & Half year. Plus we don't have created any KRA to measure the performance.
Kindly suggest the correct way to show PLI in CTC sheet.
Regards,
Devang Pandya