BONUS CALCULATION CRITERIA

[Evaluation Period]

Purpose: To provide clarity on the criteria and metrics used to determine employee bonus allocations. This structure ensures transparency, fairness, and consistency in the bonus distribution process.

Performance Rating: 40%

Based on the annual performance review scores.

Performance Score	Percentage of Bonus
Above Expectation	40%
Meets Expectation	30%
Below Expectation	10%
Unsatisfactory	0%

Company Financial Performance: 30%

Based on the company's overall financial health and yearly targets.

Company Financial Performance	Percentage of Bonus
Exceeded Targets	30%
Met Targets	20%
Below Targets	10%
Significant Miss	0%

Team/Department Contribution: 20%

Measured by the impact and results achieved by the team/department.

Team's Performance to Goals	Percentage of Bonus
Exceeded Targets	20%
Met Targets	15%
Below Targets	5%
Significant Miss	0%

Individual Special Contributions: 10%

Recognizing exceptional individual contributions beyond regular duties (e.g., special projects, innovation, process improvements).

Individual Contribution	Percentage of Bonus
Exceptional	10%
Above Average	7%
Average	5%
Below Average	0%

Bonus Caps and Minimums

• Maximum Bonus: 20% of annual salary

• Minimum Bonus: 2% of annual salary for employees meeting the basic criteria

Disclaimers

1. The bonus is discretionary and may be adjusted based on economic conditions, unexpected events, or changes in company strategy.

2. All bonuses are subject to taxation and other statutory deductions as per local regulations.

3. In case of disputes, the HR department's decision, in consultation with the concerned department head, will be considered final.

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