Originally Posted by
bleedair
Someone care to explain how the WN PS works?
I’ll give you the cynical view. The financial terrorists of our company decide how much they want to pay out and manipulate the books to achieve said number. That number is converted to a percentage and then it’s awarded to the worker here as the percentage multiplied by the previous years earnings for such said employee.
It’s very convoluted and not easily seen how they come up with the numbers. For example in Q1 we showed a loss on the books BUT the FT(financial terrorists) placed a small sum into the kitty for the workers. Why? Because they were pre paying for a full year profit that was expected. Now that we will get kicked in the nuts on Q4 earnings it will be interesting to see how it plays out.
Year 5 and I only got PS twice. Year 1 not eligible as back then you had to be here the entire calendar year. Miss it by a week and too bad so sad. Year 2 got like 11 percent but based on year 2 earnings was not much. Year 3 ZERO. Year 4 got like 4 percent. Year 5 not expecting anything….