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I joined KGS in feb 2022, we recently got a mail regarding timeline of appraisal and bonus payout from the partner. My reporting manager hasn't yet reached out to me regarding goal setting, not sure if that happens here. Can you pls help me to know what all things we need to do from our end for the appraisal cycle and bonus payout? Since I'm new to this company KPMG KPMG India
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When accrual earnings are greater than cash earnings, the delta hits your accrual account. That account is “locked” until you retire earning interest, unless we have a year where cash is greater than accrual (ie we collect more than anticipated from clients). In such case, accrual account is reduced by and you’re paid out your portion of the delta.