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 contractual bonus, i need explanation

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jack~daniel
post Aug 26 2013, 03:36 PM

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From: ~Heaven~


QUOTE(crazeetechcrew @ Aug 26 2013, 02:58 PM)
as per aggrement,
7. Bonus and insentives,

7.1 You shall be entitled to a contractual annual bonus package of 1 month and;

7.2 An annual performance bonus package subject to identified and agreed key performance targets agreed and met, which will be govern seperately  under Human Recources and Performance Policy of the Company, The performance bonus package will require a majority Board of Dirrector approval.
my question is should i entitled the contractual bonus base on company situation or it compulsory for them to pay even the company unprofitable, the question base on above aggrement. can some one help me?

my boss said entitlement base on 7.2 becouse 7.1 related to 7.2 agreement, what is antual contractual bonus mean actually?
*
Welcome to working life
jack~daniel
post Oct 31 2013, 03:10 PM

Enthusiast
*****
Senior Member
834 posts

Joined: Jun 2012
From: ~Heaven~


QUOTE(crazeetechcrew @ Aug 26 2013, 02:58 PM)
as per aggrement,
7. Bonus and insentives,

7.1 You shall be entitled to a contractual annual bonus package of 1 month and;

7.2 An annual performance bonus package subject to identified and agreed key performance targets agreed and met, which will be govern seperately  under Human Recources and Performance Policy of the Company, The performance bonus package will require a majority Board of Dirrector approval.
my question is should i entitled the contractual bonus base on company situation or it compulsory for them to pay even the company unprofitable, the question base on above aggrement. can some one help me?

my boss said entitlement base on 7.2 becouse 7.1 related to 7.2 agreement, what is antual contractual bonus mean actually?
*
You could ask HR,

 

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