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My entitled senior, given I have billed 60L in 9 months while the target for me was 45L (August 24 to March 25), based on pro rata, I should be eligible for 4L as bonus and not mere 3L.
A T1 associate’s billing costs about 10-12k per hour on average…
Child, firstly heard of pro rata as a concept? You joined in July and 4L is calculated on a yearly basis. So, no - you won’t get 4.
Hmm. 7 months of 20 days each. Don't come with working days argument, because then also it's not 7. And an A0 joins in July, and FY ends in March.
Which is approx 7 months. Given he's an A0 thats how long he's been there.
Do you have any idea how this actually works? No one ever bills at an effective rate of INR 8500
Isn't 60L target is less? I am not is SAM, and assuming a rate of 8,500 per hour, 60L would take around 706 hours. Averaging 5 hours per day would take 140 days to reach there.
Have met 60L billing target.

Will I be eligible for 4L minus TDS bonus component?