Bonuses at DISA
At DISA, we believe in celebrating our collective achievements and sharing the rewards. That's why we're excited to offer bonus programs tailored to our diverse team. While specific roles like sales have unique performance-related bonuses, the majority of our employees are part of either annual or quarterly bonus programs, which are intricately linked to the company's overall success.
The Bonus Plan
Purpose: This plan seamlessly connects employee incentives with DISA's overarching accomplishments.
Eligibility:
If you’re on board as a full-timer, not aligned with any other specific bonus framework, and part of our family before October 1st of the plan year, welcome to the bonus plan! There are specific conditions around leave periods that can influence your eligibility, although legal exceptions are in place.
Criteria & Payouts:
Annual Plan - Those on a salary can anticipate a neat $1,200, whereas our hourly dynamos can expect 3% of eligible earnings or a minimum of $1,200.
Quarterly Plan - Your bonus amount is based on your performance for the applicable quarter and can range between 3-5% of your eligible earnings depending on several individual and organizational factors.
Please remember performance evaluations and Performance Improvement Plans (PIPs) have a say in whether you're in the bonus mix.
Payment Nitty-Gritty:
Every bonus undergoes review and endorsement by the DISA Compensation Committee. Once the company's annual financial sheets are sorted, your bonus heads your way, with standard tax deductions applied. If there are retrospective tweaks to the financials post-bonus distribution, there might be some adjustments to the disbursed amount.
Nature of the Plan & Future Adjustments:
Though we’re committed, bonuses with DISA remain discretionary. This means modifications or discontinuation are possibilities. Also, being part of this doesn’t alter your employment conditions.
More Questions?
For any details or questions about the bonus plan, you're invited to touch base with your DISA HR Business Partner.