Can someone please help me with attendance bonus? I am planning to prepare a payment grid for bonus payout which is as follows:
Sl.No Criteria (Leaves/Quarter) Bonus Percentage No leaves taken during the workweek, i.e., from Monday to Saturday in a quarter. 100% of Attendance Bonus Up to 2 leaves 70% of Attendance Bonus 3 Leaves 50% of Attendance Bonus More than 3 leaves 0% of Attendance Bonus For any unplanned and unauthorized leave in a quarter - Not eligible for that quarter.
Please see if this can be implemented or if anyone has a better plan for this.
From India
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Sl.No Criteria (Leaves/Quarter) Bonus Percentage No leaves taken during the workweek, i.e., from Monday to Saturday in a quarter. 100% of Attendance Bonus Up to 2 leaves 70% of Attendance Bonus 3 Leaves 50% of Attendance Bonus More than 3 leaves 0% of Attendance Bonus For any unplanned and unauthorized leave in a quarter - Not eligible for that quarter.
Please see if this can be implemented or if anyone has a better plan for this.
From India
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Instead of cash bonus, think of giving sodexo coupons to staff as per their grade/designation. For every day of attendance/log in, give sodexo coupons. They have some tax benefits also.
From India, Pune
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3180From India, Pune
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But they are all site engineers with salaries ranging from 1.56 to 3.6 LPA. Our company is into project management for rural electrification, and we are experiencing billing losses related to absenteeism. The purpose of the attendance bonus is to reduce absenteeism across various projects and to motivate individuals not to take any unplanned or unnecessary leaves.
From India
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From India
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Employee Attendance Register - 2014-15.xls
Employee Monthly Attendance.zip