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  #3251 (permalink)  
Old 16-03-2022, 04:56 PM
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Whats the diff in bonus and MI for MX11, C+ and B grade.
MI is dependent of where you are in the grade. Below grade mid pt or above grade mid pt.



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  #3252 (permalink)  
Old 16-03-2022, 04:57 PM
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Sounds weird.. As a norm, first year grade by default is C, and you mentioned you have joined CS few months prior to March. Do you join in 2021 or 2022 ? If you join in 2021, your PB will be prorated. If you join this year, sorry to say you are not entitled to PB payout end of this month.
hes probably saying he joined in 2021 and went through one cycle of appraisal.

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  #3253 (permalink)  
Old 16-03-2022, 05:03 PM
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Hi, if I join in 1 Apr 2021, does that means Iím automatically C and will receive a prorated PB of 75%
Normally boss give C grade for new worker, unless you have accomplished major projects during your first year of work, which helps to appraise you of a better grade. PB is prorated based on the number of days you have worked out of total number of working days in a year. ie denominator is not 365. 75% is a close estimate assuming you joined on 1 Apr 2021.

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  #3254 (permalink)  
Old 16-03-2022, 05:18 PM
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Normally boss give C grade for new worker, unless you have accomplished major projects during your first year of work, which helps to appraise you of a better grade. PB is prorated based on the number of days you have worked out of total number of working days in a year. ie denominator is not 365. 75% is a close estimate assuming you joined on 1 Apr 2021.
yes its based on xx days worked / 365 days in 2021.
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  #3255 (permalink)  
Old 16-03-2022, 05:30 PM
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yes its based on xx days worked / 365 days in 2021.
Partially correct. Calculation is xx days worked / no of calendar days in that assessment year.
In 2021, denominator is 366 days if you recheck your 2021 PB statement.

Anyone know how MI is calculated ? Whatís the formula ?
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  #3256 (permalink)  
Old 16-03-2022, 05:50 PM
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Partially correct. Calculation is xx days worked / no of calendar days in that assessment year.
In 2021, denominator is 366 days if you recheck your 2021 PB statement.

Anyone know how MI is calculated ? Whatís the formula ?
leap year is 2020 bro.
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  #3257 (permalink)  
Old 16-03-2022, 05:51 PM
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Partially correct. Calculation is xx days worked / no of calendar days in that assessment year.
In 2021, denominator is 366 days if you recheck your 2021 PB statement.

Anyone know how MI is calculated ? Whatís the formula ?
MI formula is not transparent one leh. If you know and you reveal here, i clap for you!
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  #3258 (permalink)  
Old 16-03-2022, 05:52 PM
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C+ should be 2.5, so B would probably be 3
C+ is 2.5, but B ranges. Ive heard of Bs getting 3.5, some 3. Not sure how it works
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  #3259 (permalink)  
Old 16-03-2022, 05:53 PM
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C+ is 2.5, but B ranges. Ive heard of Bs getting 3.5, some 3. Not sure how it works
cos not all are MX or true MX.
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  #3260 (permalink)  
Old 16-03-2022, 06:04 PM
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Last time before I join CS, my annual increment in private sector was around 7-9%. Situation seems different in CS with lower MI than outside. Salary crawl uphill like snail, beri the tired..


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