JazzyNugget
JazzyNugget
9mo

Trending @Accenture; Bonus Calculation Formula

I was getting bored in one of the training sessions so derived this formula used by Accenture for bonus Calculation. Please let me know if you are getting correct values and my understanding is correct.

((0.21*Fixed salary)/2)(VP percentage/21) = Bonus

Assumption variable pay is 21% of Fixed salary.

9mo ago
SnoozyBurrito
SnoozyBurrito

Do we have to do a division by 2 again since it is split in 2 cycles?

JazzyNugget
JazzyNugget

((VariableFixed salary)/2 cycle)(Variable percentage/total VP)

nope.

SnoozyBurrito
SnoozyBurrito

Actually I am getting almost twice amount using your calculation

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