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Unregistered 20-03-2016 08:52 PM

Quote:

Originally Posted by Unregistered (Post 81723)
7% is a lot. Have you reached salary ceiling already?

Wonder how the percent increment is computed. Got B before , and got just a 4-5% increment. Div 1 also.

Unregistered 20-03-2016 10:05 PM

Same. What a surprise. I thought 3 months nia.

Quote:

Originally Posted by Unregistered (Post 81707)
I'm 11A with B grade. Got 3.5 mths.


Elaine 20-03-2016 10:18 PM

PB bonus
 
Hi all,

May i enquire what is the criteria of join date to be eligible for PB?
For e.g: if you are a new hire, how many months must you have worked in 2015 to be eligible for PB?

Thanks
Elaine

Unregistered 20-03-2016 10:34 PM

I believe the benchmark for appraisal is 6months, if less it is likely standard Pb rate. However, usually first year it's a default C grade

Unregistered 20-03-2016 10:37 PM

Congrats to the 11a-ers with grade B, 3.5 mth pb. I'd be using my pb for a good big ticket purchase:) looking forward to it!

Unregistered 20-03-2016 10:40 PM

11s too.

seems like the quantum fluctuates every year.

Quote:

Originally Posted by Unregistered (Post 81730)
Congrats to the 11a-ers with grade B, 3.5 mth pb. I'd be using my pb for a good big ticket purchase:) looking forward to it!


Unregistered 20-03-2016 11:05 PM

Quote:

Originally Posted by Elaine (Post 81728)
Hi all,

May i enquire what is the criteria of join date to be eligible for PB?
For e.g: if you are a new hire, how many months must you have worked in 2015 to be eligible for PB?

Thanks
Elaine

You must

1) Join before 31st Dec of every year. If you are a new hire in December it will be unlikely you get any PB as your salary will be calculated and paid only in Jan.

2) Note that your first PB will always be prorated.

Unregistered 21-03-2016 06:57 AM

300
 
Quote:

Originally Posted by Unregistered (Post 81723)
7% is a lot. Have you reached salary ceiling already?

not yet, not even close.............

Unregistered 21-03-2016 10:04 AM

Quote:

Originally Posted by Unregistered (Post 81730)
Congrats to the 11a-ers with grade B, 3.5 mth pb. I'd be using my pb for a good big ticket purchase:) looking forward to it!


I'm MX11.

2015 - B = 3.5 months
2016 - B = 3.5 months

Looks like it is consistent.

Unregistered 21-03-2016 10:24 AM

Quote:

Originally Posted by Unregistered (Post 81724)
Wonder how the percent increment is computed. Got B before , and got just a 4-5% increment. Div 1 also.

It's not computed by percentage increment. Fixed amounts. The percentage increment will differ for each individual having the same grade because of the different base salary.


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