#1  
11th July 2016, 06:54 PM
Unregistered
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What is Individual Performance Bonus margin of an MNC company?


Hi Friends,
I have got a job in an MNC as I am a B.Tech fresher. I have a confusion about Individual Performance Bonus. My company is settled a margin for IPB. I don't understand what is Individual Performance Bonus. Can I know what is it?




  #2  
15th July 2016, 11:01 AM
Khurit
Senior Member+
 
Join Date: Jun 2016
Location: Mumbai
Posts: 978
Default Re: What is Individual Performance Bonus margin of an MNC company?

There are many MNC's which give bonus on quarterly basis or every month. But some give once in a year but most of them give in every 3 months. In simple word IPB means you have to rely on your ability & skills. You can not depend on your team performance because at the end of the day your senior management going to see Individual performance. If you achieve your target & perform well over the definite period you will get more bonus compared to your colleagues.

So, you should trust your self. Bonus will come apart from salary. If you do not perform will get less bonus & at that time you can not raise questions.
Do you have any question? or have anything to say?





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