Difference between revisions of "Productivity based bonus"

Revision as of 15:30, 24 October 2019

There are several situations for the brut bonus calculation:

1. Projects on real hours: the bonus will be calculated as the total number of invoiced hours multiplied by 2.5€, but not higher than the total number of normal working hours in a month.

For example: if a month has a total number of 160 normal working hours, then the maximum bonus will be 160h*2.5€=400€, even if a person booked 180 hours. The remaining 20 hours are considered extra and will be paid with a 175% or 200% increase or will be compensated with free days in the next month.

2. Projects on a budget: as long as the project is opened, the bonus will be calculated with a productivity of 50%. At the end of the project, the bonus difference will be added or subtracted according to the project’s productivity.

3. Company development bonus: the projects in the 9000 group:

a) new employee - 1.75€/hour will be given for maximum 30 hours booked on Providing training - new employee for the first 3 months of employment

b) development - 1.75€/hour will be given for the hours booked on development projects if the subproject is on real hours. For budgeted projects same rule applies as in point 2 above. Be aware that the subproject's definition must start with "bonus" in order for it to be taken into account for the calculation.

Invoiced hours will be tracked by the Project Leaders / Senior Engineers and will be checked by the project manager.

Mistakes(hours) marked together with the Project Leader or with the Senior Engineer after the project was finished will be deducted from the bonus of the next month.

In case the yard sends penalties for the company, the estimated mistakes hours will be discussed with the management team.