Can someone please help me with the attendance bonus? I am planning to prepare a payment grid for bonus payout which is as follows:
Attendance Bonus Payment Grid
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, the employee will not be eligible for that quarter.
Please see if this can be implemented or if anyone has a better plan for this.
From India
Acknowledge(0)
Amend(0)
Attendance Bonus Payment Grid
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, the employee will not be eligible for that quarter.
Please see if this can be implemented or if anyone has a better plan for this.
From India
Acknowledge(0)Amend(0)
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
Acknowledge(1)
Amend(0)
3180From India, Pune
Acknowledge(1)Amend(0)
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
Acknowledge(0)Amend(0)
From India
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Employee attendance tracker1.xls
Employee Monthly Attendance.zip