What is your annual bonus?

Usually a lump-sum payment (cash, shares, etc.) made once a year in addition to an employee’s normal salary or wage for a fiscal or calendar year. Generally nondiscretionary and not based on predetermined performance criteria or standards.

How do annual bonuses work?

An annual bonus is usually based on overall company performance. So you may get a large or small bonus (or no bonus at all) depending on how successful your organization or specific department was that year, as well as how big a part of that success you were. This can also be considered “profit sharing.”

Is annual bonus part of salary?

Annual compensation, in the simplest terms, is the combination of your base salary and the value of any financial benefits your employer provides. This includes: Annual bonuses or commissions. Fringe benefits such as tuition assistance, childcare assistance, or gym memberships.

Is statutory bonus paid every month?

Payment method and time limit for the payment of bonus A statutory Bonus should be paid within 8 months of closing the book of accounts. For instance, for the accounting year ending 31st March 2021, a bonus shall be paid before 30th November 2021.

How much does Amdocs pay their employees in India?

Jobs by Salary Amdocs, Inc,. pays its employees an average of ₹829,905 a year. Salaries at Amdocs, Inc,. range from an average of ₹405,062 to ₹1,792,750 a year. Amdocs, Inc,. employees with the job title Software Architect make the most with an average annual salary of ₹2,441,527, …Read more

Is Amdocs a good company to join as a fresher?

Amdocs used to give a good Package previously. A fresher from an ordinary Engg college used to get somewhere 4.2 LPA to 4.5 LPA (As per one colleague who joined my team as a fresher in 2009-10). It was good considering other companies give max around 3.5 LPA at that time freshly out of recession.

What does Amdocs do?

Amdocs is a multinational corporation headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises.

What is the LPA of Amdocs for Freshers?

We offer you a highly secured identity authentication, authorization, and fraud prevention solution. Amdocs used to give a good Package previously. A fresher from an ordinary Engg college used to get somewhere 4.2 LPA to 4.5 LPA (As per one colleague who joined my team as a fresher in 2009-10).