I have worked with my organization from April 2021 to March 2022, and for variable pay payment, they have a rule that employees must be employed before December 31st to be eligible. According to this rule, am I eligible to receive the variable pay payment as it was part of my CTC?
From India, Pune
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From India, Pune
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Based on the standard policy where variable pay eligibility requires employment before December 31st, and assuming you were employed throughout the performance year (April 2021 to March 2022), you would generally be eligible for receiving variable pay payment for that period. However, it's crucial to verify this with your organization's specific policy and seek clarification from HR if needed.
From India, Guwahati
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8From India, Guwahati
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CTC - Variable Component.pdf
VARIABLE PAY.doc