Bonus Plan
Data Business Definition
Bonus Plan determines the variable compensation plan based on the individual and/or collective results.
List of Values
N/A : Not Applicable is used to classify persons that are not part of the internal workforce and/or not having a grade between S15 to S27 and therefore not elegible for the global variable compensation plan (STI/SIP).
STI : Short Term Incentive Plan classifies the persons that are part of the internal workforce and having a grade between S15 to S27 and therefore elegible for the global variable compensation plan (STI) if not elegible for a Sales Incentive Plan ( SIP).
SIP : "Sales Incentive Plan classifies the persons:
Roles
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Working Instruction
Quality controls
TO BE COMPLETED
Process Flows
TO BE COMPLETED