ABP (Annual Bonus Plan)
ABP Updates May 2024:
ABP Updates May 2024:
COMPANY METRICS AND INDICATORS
COMPANY METRICS AND INDICATORS
Revenue:
Revenue:
95% = floor = 0%
97.5% = 50%
100% = 100%
105% = 150%
AEBITDA:
AEBITDA:
78% = floor = 0%
87.8% = 50%
100% = 100%
117% = 150%
in between achievement → linear interpolation
VALUES x SOFT METRICS
VALUES x SOFT METRICS
For All:
For All:
Office contracted attendance for # of mandatory days
Holiday logging in Workday in advance
Delivery of 5/15s for those who have them now or will have them in the future
On Top - For Managers:
On Top - For Managers:
Documented 121s
Read and commented 5/15
Regular team meetings
Hiring Manager -> any issue linked to TA/HR will be recorded (not opening new request on time, JD/case study ready, late response to candidate/TA, not attending scheduled meeting with candidate etc)
Penalties:
Penalties:
Reduction of the Soft KPI payout (-25%, -50%, -100%) - based on the severity and frequency of the issues.
If repeated issues in 2 Qs -> demotion or separation
OVERVIEW OF 2024 ABP:
OVERVIEW OF 2024 ABP:
ABP Refresher Session for Managers | 04-04-24KPI Evaluation & Set Up Process Training
KPI Evaluation & Set Up Process Training
