Scribd
Upload
125 views2 pages

Performance Cycle CL 10-13

1. Promotions within Accenture Operations are based on open positions and an employee's eligibility, which requires being at the lowest sublevel and a positive performance assessment. 2. Performance is evaluated through ongoing conversations about career development rather than ratings, and employees receive actions to help them grow based on their contributions and aspirations. 3. Variable bonuses for levels 10-13 are paid out half-yearly and based on individual performance as well as business performance, with employees needing to be active when bonuses are paid to receive payouts prorated to time spent in the organization.

Uploaded by

jeevan manjunath
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
125 views2 pages

Performance Cycle CL 10-13

1. Promotions within Accenture Operations are based on open positions and an employee's eligibility, which requires being at the lowest sublevel and a positive performance assessment. 2. Performance is evaluated through ongoing conversations about career development rather than ratings, and employees receive actions to help them grow based on their contributions and aspirations. 3. Variable bonuses for levels 10-13 are paid out half-yearly and based on individual performance as well as business performance, with employees needing to be active when bonuses are paid to receive payouts prorated to time spent in the organization.

Uploaded by

jeevan manjunath
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Communication on performance, career progression and the variable bonus payout process for

employees joining the India Operations from Levels 10 to 13.

1. Accenture Operations is a position-based organization, and hence, promotions or internal job


transfers are based on open positions in the organization.

2. Movements between management levels is based on


a. Eligibility (employee should be at sublevel 1)
b. Availability of position
c. Assessment of employee through IJP and readiness of employee to take on the new role

3. Performance Achievement approach is to have ongoing, forward-looking conversations that focus


on employee’s strengths, progress and career possibilities at Accenture. Instead of ratings,
employees receive tangible actions to help them develop and grow their career based on their
contributions, performance and aspirations during the performance year. All employees who have
joined on or before April 30th, 2021 will be a part of Performance Year 2021 (Sep 1st, 2020 to Aug
31st, 2021) performance process (cut-off date subject to change).

4. Sublevel movement: Based on the assessment made during selection process, you will be
communicated a sublevel at the time of joining; this sublevel denotes the Accenture relevant
experience at level. Sublevel movements do not amount to career progressions or promotions. A
sublevel change signifies the change in experience credit that is given to you at a particular level
and is typically accompanied with a change in compensation. Movement within sublevels for an
employee will be effective basis the grid below. The calculation of tenure will start from the first
day of the subsequent Accenture fiscal quarter and not from the date of joining:
5. Variable Bonus payout (Individual Performance Bonus):

a. For Levels 10 to 13, Individual Performance Bonus (IPB) is payable based on Individual
performance and is contingent on Business Performance / Business meeting its objectives.
This is calculated for the Accenture financial year from September to August.
b. The payout for these levels is done half-yearly. The H1 bonus (calculated for the period
September to February) is paid out in June & H2 bonus (calculated for the period March
to August) is paid out in December.
c. Employee will need to be on the rolls of the company on the day of the payout to receive
Variable Bonus and is prorated for the time spent in the organization for the particular
financial year.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy