Each year on the 25th of July, all of my colleagues will look forward to this date. Why?
Aside from the fact that it is our pay day, it is slightly different because, it is the day that we get our variable bonuses.
I have anticipated for this date for a long time. As for me, since my new boss came onboard, he has informed me that I will be on the commission scheme, incentive scheme and the allowance scheme.
So basically what he meant was:
a. my transport allowance starts from June 2012
b. i can claimed commissions for deals closed from April 2012 onwards
c. my incentives commissions is w.e.f April 2012 onwards
Alhamdulillah.
June 2012, they didnt pay my transport allowance and it will be paid in July 2012.
Therefore my July 2012 pay consist of:
July Basic Pay
July Transport Allowance
July Hp Allowance
Back pay for June Transport Allowance
Commission earned for the period of Apr 2012 to June 2012
Incentive earned for the period of Apr 2012 to June 2012
and the VARIABLE BONUS! i qualify for it because I was with the finance team for the last financial year (April 11 to Sep 11) & i didnt claim ANY commissions/incentive/allowance between Oct 11 to March 12.
It was my first ever good pay. I thank Allah for the rezeki and I never regretted my decision of joining the sales team.
Of course i shared this good fortune with family, friends and donated part of it to the mosque.
I hope to earn more in October during the next Quarterly pay out.
Oh, and the variable bonus is my last one - sales team no longer have any variable bonus.
but still i am thankful and greatful :)
Aside from the fact that it is our pay day, it is slightly different because, it is the day that we get our variable bonuses.
I have anticipated for this date for a long time. As for me, since my new boss came onboard, he has informed me that I will be on the commission scheme, incentive scheme and the allowance scheme.
So basically what he meant was:
a. my transport allowance starts from June 2012
b. i can claimed commissions for deals closed from April 2012 onwards
c. my incentives commissions is w.e.f April 2012 onwards
Alhamdulillah.
June 2012, they didnt pay my transport allowance and it will be paid in July 2012.
Therefore my July 2012 pay consist of:
July Basic Pay
July Transport Allowance
July Hp Allowance
Back pay for June Transport Allowance
Commission earned for the period of Apr 2012 to June 2012
Incentive earned for the period of Apr 2012 to June 2012
and the VARIABLE BONUS! i qualify for it because I was with the finance team for the last financial year (April 11 to Sep 11) & i didnt claim ANY commissions/incentive/allowance between Oct 11 to March 12.
It was my first ever good pay. I thank Allah for the rezeki and I never regretted my decision of joining the sales team.
Of course i shared this good fortune with family, friends and donated part of it to the mosque.
I hope to earn more in October during the next Quarterly pay out.
Oh, and the variable bonus is my last one - sales team no longer have any variable bonus.
but still i am thankful and greatful :)
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