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Hi fishes, Need help!!!!! Is gratuity deduction mandatory in Infosys from salary, if yes if leave the organisation after 1 year, are we eligible to receive the paid amount? Or only after 4 years we will receive? How one can opt out of gratuity???? Please suggest!!!!!!!!!!!!!! Infosys Infosys Limited
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I read this as a Seinfeld joke.
^not all of us got this email
The denominator of the calculation is 2080. Essentially 52 weeks x 40 hrs a week. We all typically charge 45 a week to help pad the top number to make up for holidays and PTO.
^lolz
Do you all not read the emails that come out that talk about this and the breakdown for how utilization is calculated? Your period 6 client billable hours summary outlines this along with a link that provides the 411 on the calculations
They need to just call it 'billable hours' to avoid confusion.
@D6 you are incorrect. You need to understand the total hours inventory approach. Go back and look for the email that Paul sent on 8/4 that walks the the calculations for each level and thr baseline client billable hours at each level after subtracting pto/hol/training/firm initiatives
D6 if you work 45 hrs/week your utilization shouldn't be hurt. That extra 5 hrs /week is a cushion so you can take PTO and holidays and remain about 100%.
What the deal with homework? You are not working on your home!
Did you read the email? Did you look for it? 1850 is your baseline client billable hours. 89% is your expected before ANY adjustments to your utilization are made. Read the email, understand the process, understand how adjusted utilization works, and talk to your counselor. You are a rookie green dot and aren't understanding how it works
Take learning hours out of that calc, if you can't figured out how to get a few learning hours in and still work a full week you're in trouble anyway. Once you do that, I think you've just redone the calculations used to arrive at your utilization target. Congrats.
So much salt in this post geez
It's like this. Say your target is 80%. There's 2080 hours in a work year. You have to bill 1664 hours that year to hit your target regardless of PTO or holidays.
I thought vacation time was not included in the denominator
@OP you should check your email. Everyone in federal got them. Even BTAs received them and your coulselour is also copied on them. Ask them for a copy of you cannot find or didn't get
PTO technically hurts your utilization. Ex. Your project is working this week but you want to be with your family, too bad, utilization gets hurt since you're trading billable hours for PTO.
@D4, that's also assuming 4 weeks of beach time for a BA/C level. There's very few BA/Cs that only spend 4 weeks on the beach in a PY. This model also assumes billing 45 each week, There are quite a few projects at this firm that make you bill less.
@D6 you again are incorrect. The current expected charge hrs/wk when NOT on pto/hol/training to meet utilization goal for a bta or cons is 42.4 hrs/wk
Seriously. My utilization is 90%, so 90% x 2080 = 1872. There's 12 holidays and 25 PTO days, plus 10 learning hours requirement, so 37 X 8 + 10 = 306 hours gone. About 7.5 weeks. If you're on the beach 3 weeks in a week/ have project shutdown, then you have 11.5 weeks unbillable, so 40.5 billable weeks at 45 hours each, so 1867.5 hours. Whelp, I miss my utilization target at 90%. Explain to me how my math is wrong or that it's absolutely unreasonable to have 3 weeks of beach time throughout the year.
@D4. I'm in Commercial, maybe that's the difference we definitely are still on 2080 baseline.