According to well placed sources in Warid, these performance based bonuses will be equaling up to 3.5 gross salaries of the employees.
If reports are to be believed then bonuses will be derived after evaluating individual performances coupled with company’s performance during past one year, which remained healthy due to higher revenues.
Sources tell that weightage for company’s performance is up to 40 percent on average, and even higher for top level management.
It is said that Warid achieved 98% of CPI (Company performance index) during the past one year yielding all desired results. Company’s performance remained key factor for the approval of bonuses this year.
If everything goes well and as per plan then bonuses will be rewarded to all permanent and contractual staff along with next month’s salaries.
