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Anonymous
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Anonymous
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Wow! For most people not worth their time to listen to the bosses explanation of their rating and bonus percentage. You can thank Acelity and APAX for creating unrealistic revenue and EBITDA goals and then double counting for LFC and Acelity contribution.
Anonymous
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This is my first year with the company. What does this mean? Can you use some hypothetical numbers? What was it last year? What is a good number?
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ok so here you go... let's say you're target is 10%.... you get .08 of that (or 8%). Lets say you make 100k, your 10% bonus would be 10k... in this scenario your bonus is 8% of the 10%... you get a whopping $800... not a typo..800 bucks BEFORE taxes.
Anonymous
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I'm not sure how they came up with their bogus calculation. It is voodoo math.