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Can you explain it properly. i din't get it? If variable pay is 100000.. how does it mean that employee gets only 900000 towards his salary? More than salary? Am confused...
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4 Replies
2822 Views
4 Replies
Variable Pay structure for Marketing Dep
Type: HR, Report if not a HR topic
Posted 21-06-2013Reply
Hi,
Can anyone please share a pay structure having variable pay as a component
Hi Ramya,
Variable pay is the pay, which is given to the employee based on the organizations performance monthly or yearly.
For instance. In s/w industry one employee gross salary per year is 100000, in this variable pay is 100000. That means that employee gets only 900000 towards his salary. Remaining depends on performance of the organization.
Variable pay is the pay, which is given to the employee based on the organizations performance monthly or yearly.
For instance. In s/w industry one employee gross salary per year is 100000, in this variable pay is 100000. That means that employee gets only 900000 towards his salary. Remaining depends on performance of the organization.
Hi,
I would like to share one of my post where i have mentioned what are the things HR should take care while framing incentive policy.
Hope this will help you.
http://hrsuccesstalk.blogspot.com/2013/06/how-to-design-suitable-sales-incentive.html
I would like to share one of my post where i have mentioned what are the things HR should take care while framing incentive policy.
Hope this will help you.
http://hrsuccesstalk.blogspot.com/2013/06/how-to-design-suitable-sales-incentive.html
Hi Ramya,
Variable pay is the pay, which is given to the employee based on the organi... See Harish's complete reply
Variable pay is the pay, which is given to the employee based on the organi... See Harish's complete reply
Can you explain it properly. i din't get it? If variable pay is 100000.. how does it mean that employee gets only 900000 towards his salary? More than salary? Am confused...