pratikkk

Pratik Kukreja
NetDNA is a Los Angeles, CA, based content delivery network (CDN) and an application delivery network.[1][2] The company was founded in October 2009 by Ben Neumann and Chris Ueland[3] . Prior to NetDNA, Chris and Ben founded and operated Globat.com[4] a shared-hosting company. NetDNA has grown quickly, launching two additional brands, MaxCDN[5][6] and HDDN [7], a self-service, pay-as-you-go CDN solution and a self-service video-on-demand solution. The company is notable because of its popular brand MaxCDN which focuses on small and medium-sized businesses. NetDNA itseft works with enterprise customers. NetDNA also has partnerships with PacketExchange [8][9][10] , Flowplayer [11] and Wowza Media Systems.

Bonus plans should be universal

For his entire team pulling in the same direction for the development of the bonus plan to all employees to a certain level and after a preliminary assessment of the work (usually 90 days) with the company. Many plans are part time to time full, but in a game product.

Bonds must be significant and perceived value to the recipient

To create an incentive the beneficiary must make the price potential as an important complement to income. Otherwise, the bonus is considered additional income, or even a "benefit". There should be a company (public), the recognition performance of employees, with the obligation to increase the perceived value.

The bonds are expected to focus individual performance

Factor in determining how an employee must receive his rank, determined by formal assessment of its performance of last employment. All things are equal, higher yield securities should provide the most revenue.

Bono work should include the factor of responsibility for wages

It is reasonable to link the status of an employee for the purposes of price overall responsibility for the company, as determined by the number of employees supervised and / or budget for those who have direct control. The large classes may have different assessments of the distribution process of raw materials (at the supervisor or office manager, department or officer).

The bonds must contain an element of employee retention

This time reasonably associated with the company as "loyalty". An employee who has been with the company for 25 years, plus the premium would have considered that someone suggested only 1 year. One factor that can and should be included in the bonus program for employees of the property.

Plans should be based premiums and pay a predictable part of the "excess profits"

Adjust the level of a trigger that must be met before the premiums are paid and to communicate clearly to all employees. Trigger level should provide a basis for business growth and replacement capital. Many small that it is at this level of 8-10% of net income, but each company. We are aware that some of the profits above the level of trigger to be shared. Shared% can be determined by employers, but should not be so low that the income of workers incentive little or large enough to give the bank. Generally, this ratio is 25-50%. By releasing the trigger and the percentage distribution of costs for the owner, but the open system is trust, harmony and enthusiasm will be developed with staff.

Developing a method distribution and system for bonds Manage Payments

Develop a classification system that accumulates the value of the above criteria (the responsibility, loyalty, performance). Bookmark the values for all employees. Determine the amount of money that is distributed as a percentage of "excessive profits" and divide this figure by the total points of all employees to determine the value of the dollar for each point. Individual premiums can be calculated by multiplying the individual score for the average value per item. A calculation sheet can be easily configured to automate this task with just some maintenance "needed to staff of institutions and performance evaluations of employees.

Premium payments Syndicate FAQ

Bonds often as possible, but at least once every three months, failing which the employee incentive is not held to the head. The annual bonus plans, are not considered "incentives" that are often considered extra income (and right) or a Christmas bonus. "Payments bonus should be considered both as commissions to sellers, if not, reduce the incentive for the average worker.

If plans bonus plans are not mandatory

Avoid planning a system that pays a percentage of salary that is difficult to relate to these three criteria (competence, loyalty and performance). Even if firms contribute significantly to savings and investment plans, as a 401k, do not see these as a bonus. Are simply additional revenue, and although it can affect the fairness, do nothing to meet the other two.

I am a salaried employee and my boss is always saying and throwing hints that when people work only the 40 hrs they are required they should not get more money. Today she told my co-worker that she bases her reviews for raises on amount of overtime put in (which we do not get paid for because we are salaried). Can an employer do that? especially when I have many added responsibilities, but I am a fast worker and I manage my time very well.

I would appreciate answers from HR Professionals and people with knowledge of labor laws.


I am in HR. Reviews are based on a number of different things, but start with do you meet and/or exceed the responsibilities within your job description. It is not appropriate to be basing reviews or compensation increases on only if you work greater than 40 hrs.
Salaried employees working more than 40 hrs happens from time to time but is not a job requirment therefore, not something a raise should be based upon.
I hope this helps. My suggestion would be to take this to your in house HR and talk to them.
 
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