The accrual of periodic bonuses is made on the basis of organizational work results that reflect financial and economic indicators for the reporting period (month, quarter, year). Therefore, whether there is incentive compensation depends on the smooth and successful work of the entire team of the enterprise. In the order, the justification can be expressed as: With regard to the achievement of the planned performance indicators for the month of the year (or the third quarter), I order the payment of a bonus of according to the collective agreement.
Reasons for accumulating quarterly Saudi Arabia phone number list and individual bonuses to employees Reasons for accumulating quarterly and individual bonuses to employees The bonuses are available to employees who are entitled to receive the bonuses in accordance with the approved internal material incentive documents. Only employees who are deprived of this right will not receive payment. The result of the bonus payment is approved by the authorized head of the organization. The order usually means all employees and bonus amounts, or it's a list of last names with a specific amount. There are also those who pay irregularly are paid to enterprises with vouchers or to departments, workshops, and companies with vouchers. Its number depends on the specific achievements of individual specialists.
Reward for a job well done is an example of wording that can provide motivation. Usually the results of each employee's activities are evaluated by their immediate supervisor. If the entitlement to a bonus arises due to work, the boss submits a letter of service to higher management regarding the accrued bonus. After endorsement of this document, an order for payment will be issued to the expert. Type of Premium Calculation Example As a percentage of target performance In concrete concrete plants, there is an internal regulation to issue quarterly bonuses to employees in the finished product sales department based on the amount of overfulfillment of the current sales plan.