View Performance Bonus/Increment Rates - A summary of the activity
Through this activity you can view the performance bonus rate and/or the salary increment, for specific groups of employees. Employees are grouped on factors such as
Department
Position
The period of service, for example, all employees who have been in the company’s service from January 1 2003 until December 32 2003
The appraisal rating or grade, for example, all employees whose appraisal ratings have been “Excellent”
The period of appraisal rating, for example, all employees who have been appraised from the period June 1 2003 to October 12003
For each such group, you can view the performance bonus rate or the salary increment as a percentage of base salary. Sometimes, a flat amount is added or subtracted from the percentage of base salary as an adjustment amount.
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View Performance Bonus/Increment Rates |
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Defining the bonus/increment rates for groups of employees
What you can do in this activity
Viewing the bonus/increment rates for groups of employees.