new bonus plan summer 2012
Posted in the City of Industry Forum
#1 Jun 2, 2012
They changed how the bonus is payed it use to be quarterly but that's not the case anymore starting in July it will be payed monthly. Nothing changed other than you get your money faster.
If you were going to get a 4500.00 quarterly bonus now you will get 1500.00 a month for 3 months. So instead of waiting to get paid for 3 months you get a check every month.
#2 Jun 2, 2012
Monthly. Revenue 1.5% for first 15% of growth. Then you get 4% for the next 35,000.00 and then 1% for anything above that.
Profit 6% up to 100,000.00 and then 1% after that.
Revenue management ( counter sales ) up to 20% increase on profit and revenue bonus.
NPS up to 25% in crease on profit and revemue bonus for positive survey 75% out of 100. I need 8 and 9 on survey.
#3 Jun 2, 2012
Example of a monthly bonus based on last year 100k month and 20 k profit. This year is 150k and 30k profit.
15k * 1.5% is 225.00 35k * 4% is 1400.00
Total revenue bonus 1625
30k* 6% is 1800.00 total profit bonus
Total revenue and profit is 3425.00
srpd bonus 20% times 3425 is 685.00
Nps bonus 25% times 3425 is 856.00
Add them all together is 4966.00 not a bad month.
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