is there a difference between circle and circle pay app

“Incentive” also falls under the umbrella.Bonuses may or may not be tied to a plan, they may or may not be connected to performance and they are typically backwards in orientation.

People differ in whether and how much they are amenable to variable pay, depending on job level, job function, geography, life stage, and a whole host of other factors. Depending on who you talk to, this could be either potential pay or pay at risk. Under the umbrella you can find any number of bonuses, incentives, commissions, and other cash compensation that is contingent on something happening. We hope that our employees are going to follow these rules seriously to avoid any action against them.Click to tweet Defining Variable Pay TermsĪs an industry, we haven’t really come to agreement on the definitions, but we can typically agree on the concepts. every day from Monday to Friday is must and leaving early from work is not allowed.Īll employees must keep in mind these rules and in case of any confusion, please contact the HR Department.

In case of emergency situation, reason in writing has to be presented to the HR Department at the earliest.

Being absent from work without any prior information will lead to deduction in pay for that day.

Leaves without application can attract action.

It is compulsory to have your leave application sanctioned from your Manager, in case of both paid and non-paid leaves.

Every employee is entitled for 2 paid sick leaves every month.

To bring more clarity, we are once again stating those rules for your convenience and we expect all of you to follow them seriously. So finally, the Management has decided to take serious actions against all those employees who do not adhere to the rules in relation with leaves stated by the Company. We would like to highlight that this kind of indiscipline at work will not be accepted.

We have recorded highly dissatisfying and unprofessional approach amongst most of the employees because they have been taking off from work with any intimation to their respective Managers or Team Leaders which is definitely against the rules of the Company. On analyzing the frequent leaves taken by employees in the span of last six months, Management has concluded a very casual attitude of employees towards their job. Follow this simple memo to staff on leave application for drafting a customized one. Using this circular for declaring holiday format, you can write leave circular for your own company. This sample leave restriction letter clearly states the company rules and actions against the failures.

Is there a difference between circle and circle pay app