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Can someone tell me when the quarter ends and how the bonus is calculated? Thanks.
The quarters end regularly at the end of every 3 months (so slightly different lengths): January 1 to March 31, April 1 to June 30, July 1 to September 30, October 1 to December31.
Posted: Mar 24th, 2013 - 1:17 am In Reply to: Just to be clear, may I ask if this is correct? - There are 2 bonuses SM
The Production Bonus (99% QA minimum) is calculated weekly (7001 lines minimum/week), paid biweekly with regular paycheck. So you might get it one week and not the next, which I think is actually an improvement over having to get 14,001 lines per pay period, the way it used to be.
The Quality Bonus (99.5% QA minimum) is paid quarterly (used to be paid about 20-30 days after the end of each quarter). It's based on total earnings for the quarter, not lines. It's 10% of earnings for 99.5% to 99.9% QA score or 15% for 100% QA.
For both, QC submissions have to be not over 10% and LPH 186 or greater.