Originally Posted by
hotelmode
Did you get the email about how they are improving it? I wonder how much the new formulas will increase the payout.
There's an update on the company website. Basically:
Employees with two or more years of service could receive a potential maximum quarterly
payout equal to 80 percent of the employee’s base quarterly salary multiplied by ASA’s net profit
margin, plus $300 for exceptional operational performance in all measured categories.
•
Employees with at least one year of service, but less than two years of service, could receive a
potential maximum quarterly payout equal to 80 percent of the employee’s base quarterly salary
multiplied by one-half ASA’s net profit margin, plus $150 (or half the total potential operational
payout) for exceptional operational performance in all measured categories.
•
Rewards will be distributed as separate checks to all eligible employees in the month following
the end of each quarter. The financial quarters are Jan.- Mar.; Apr. - June; July – Sept.; and Oct.
– Dec. That means potential rewards would be distributed in April, July, October and January.