POOGI Bonus Plan

A POOGI is a ProcessOfOngoingImprovement.

In addition to the usual renumeration, every single staff member whose remuneration is a part of our fixed Operating Expense (OE) receives a POOGI Bonus. The very clear purpose of the POOGI Bonus is GoalCongruence.

Every staff member of ka participates in the POOGI Bonus incentive plan. The POOGI Bonus is a significant payment of 50% of the bottom-line improvement over the previous period.

The POOGI Bonus is an exceptional bonus for exceptional performance. This is how it works:

  1. 50% of the increase in performance profit from the equivalent period last year (as calculated using ConstraintsAccounting) is added to a POOGI Bonus pool each month.

  2. One-twelfth of the POOGI Bonus pool balance is paid out each month.

  3. Every participant in the POOGI Bonus plan receives a percentage of the monthly payout equal to the individual's gross pay over the previous 12 months divided by everyone's gross pay for the same period of time.

  4. In the event the POOGI Bonus Pool becomes negative there is no recoupment, but negative amounts are carried forward and must be recovered before additional bonus payments are made.

Base pay amounts are competitive within the current employment market, even before the promise of a bonus payment.

Each employee of ka undergoes a POOGIOrientationCourse to make sure they fully understand how the POOGI works and how the Bonus Plan works and what they are both intended to achieve.

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Topic revision: r7 - 16 Nov 2010 - 11:40:18 - DavidPaspa
 
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