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Thread: Bonuses !!
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Old 19-05-2011, 03:42 PM
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Originally Posted by Unregistered View Post
ST Marine paid an average of 6.5 month bonus for year 2010. However, they only pay first year employees a fixed quantum and only pay the 2010 bonus in March 2011, meaning January, February and March 2011 have no bonus.

if you join ST marine on 1st sept 2010, mean in march 2011, you will get the bonus, a pro-rated one.

1st sept till 31 dec 2010 = u work 3 months out of 12 months(full year), mean your bonus will be 3/12 or 25% of the average bonus pay out ie 25% of 6.5 month = 1.625 months of bonus.
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