Bonus allocation

After each quarter has ended there is a company wide Quarterly update meeting in which we talk about the past and upcoming quarter. This is generally scheduled 1 to 2 weeks after the quarter's end. Divergence from the bonus calculation is shared during this meeting.

Process

• Under regular circumstances in order to calculate the bonus we take the quarterly throughput and deduct the bonus threshold.
• The remainder is capped at the maximum bonus throughput and multiplied against the bonus amount.
• If this yields a nonzero amount, the bonus is awarded to each team member that has logged at least one working hour, prorated to the average number of hours a week worked (which should be 32 by default for everyone).
• The bonus amount is communicated to the accountants and appears on the next wage slip.
• After the bonus is calculated, the amount in liquid funds is taken and checked against the desired working capital.
• Any funds after deducting the desired working capital and quarterly bonus costs is the quarterly dividend to be shared amongst the shareholders.