Important Question:

I heard from a few colleagues that there may be a bonus deduction for employees who do not meet the WOW policy or time compliance requirements.

Could you please clarify how this deduction is calculated? Is the deduction applied to the bonus amount or to the bonus percentage?

For example, if I am eligible for a 10% bonus, which amounts to ₹1,00,000, and there is a 5% deduction:

* Will 5% be deducted from the bonus amount, resulting in ₹95,000?
* Or 50,000?

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If you are less than 80% compliant, then 10% straightaway deducted from your bonus.

Example: if your bonus is 15% then you will recieve only 5%.

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It will be 3 to 4% deduction based on what I have heard from people whose bonus got deducted

Did not hear the same

For wow compliance-
If your compliance is <20% then 10% will be deducted
20-50% there will 5% deduction
>50% no deduction

Is this % absolute? If initial bonus was 5%, then after10% deduction, chances are bonus will be zero or 4.5%

The percentage we got, is it after or before deduction ?

After deduction

It’s 5% from bonus amount

If 15% constitute to 100000 then 5% cut in 100000 which is 95000 in hand

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The percentage we got,is it after or before deduction?

How did you all get to know this? Is there an email the % deduction

Yes there was a mail regarding bonus percentage deduction which was shared with the RLs

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My project colleague who was not compliant for 60% of the time, got 2.5% deduction in bonus. RL informed about deduction

The RL informed that he got x% but 2.5% is getting deducted. So he got x-2.5%

smart

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