1. #1
    vijaykumarbt vijaykumarbt is on a distinguished road
    Join Date
    Apr 2012
    Posts
    1

    What does QPLC means in the Salary structure? Is it really for the benefit of employees?

    If the gross salary is 2.5lacs, then what will be the take home salary in hand.

    What do mean by QPLC in the salary structure and also how it is benefited to the employees.

    how will be the career growth and performance review done?

    Thanks in advance

  2. #2
    meraj meraj is on a distinguished road
    Join Date
    Oct 2011
    Posts
    552

    Re: What does QPLC means in the Salary structure? Is it really for the benefit of employees?

    it depends on the company's rules of how much u get the net pay. generally ur take home will be around 16k per month. QPLC is a broad term and it stands for qUArterly perfromance linked compensation. IT is a variable pay & it differs from company to company. THE ACTAUL THING IS UR PERFORMANCE WILL BE EVALUATED ON A QUARTERLY BASIS & ur compensation will be linked accordingly. Ur career growth will depend on ur perfromance & ur performance will be evluated on certain things like
    1. ur dedication towards work
    2. actively particiating in team work
    3. meeting the deadlines successfully
    4. putting an extra effort to achieve ur targets

  3. #3
    surendra1989 surendra1989 is on a distinguished road
    Join Date
    Aug 2012
    Posts
    600

    Re: What does QPLC means in the Salary structure? Is it really for the benefit of employees?

    Hello,

    The QPLC means the Quarterly Performance Linked Compensation program. It is initiated for better customer mining and growth of top accounts. According to the company sources, the plan aimed at rewarding individual behaviour and sharing the organisation's success with employees.

    Good Luck.

  4. #4
    T.AparnaReddy T.AparnaReddy is on a distinguished road
    Join Date
    Jan 2012
    Location
    Hyderabad/AP
    Posts
    630

    Re: What does QPLC means in the Salary structure? Is it really for the benefit of employees?

    Hai Friend..,





    -->>>> The QPLC Means :--


    >> The QPLC is nothing but Quarterly Performance Linked Compensation.,Which would be Paid out to you once in a Quarter.,

    >> Let me take a hypothetical example to explain about QPLC., If you have 19000 as your fixed component, You will get it every month barring Your Taxation. ,Tax Might be armed 1000 to 2000. So you will get armed 17 to 18000 every month.,

    >> And if you have say 2000 as your QPLC, you will get 2000 * 3 = 6000 at the end of every quarter (3 months).,Every 3rd month, you will get 17 or 18000 + this 6000.,

    >> The QPLC payout differs based on company policy. This year, it is 100% payout which means u will get 6000 at the end of every quarter........

    I Hope this will help you..........




    ............GOOD LUCK...........

  5. #5
    Unregistered

    Re: What does QPLC means in the Salary structure? Is it really for the benefit of employees?

    Hi ,
    Pls let me know what is CCA means ?

+ Reply to Thread

Quick Reply Any Question?

Similar Threads

  1. Replies: 13
    Last Post: 19-06-2013, 01:35 PM
  2. Replies: 14
    Last Post: 18-11-2012, 02:14 PM
  3. Replies: 15
    Last Post: 18-07-2012, 04:50 AM
  4. Replies: 21
    Last Post: 10-03-2012, 08:23 PM
  5. Replies: 3
    Last Post: 31-01-2012, 08:41 PM