2006-07-05 14:18:20 · 8 answers · asked by buttercryfly 1 in Business & Finance ➔ Careers & Employment
Pro-rated means that the amount paid for the bonus will be determined by the number of days that you worked in the quarter. Each day is worth a certain amount. That daily amount will be multiplied by the number of days you worked.
2006-07-05 14:27:01 · answer #1 · answered by Dianne T 3 · 2⤊ 1⤋
It means that the amount of time you've been there, or some other factor the company would have told you about, affects the amount of the bonus. Say you get up to a 1000 bonus per quarter (3 months), but you've only worked at the job for a month. You are still eligible for SOME bonus, but only a third of what some people get (about $333). That way it doesnt have to be all or nothing.
2006-07-05 14:27:29 · answer #2 · answered by cartmansmom 4 · 0⤊ 0⤋
an example would be if you were set to receive a bonus for the third quarter at work of $1000. you quit before the quarter is over you might only receive a pro rated portion of the bonus because you were not employed for the entire quarter. Or, if you buy an insurance policy and you pay for a year of insurance and after 6 months you sell your car and no longer need insurance you will get a pro rated refund for the insurance you did not use.
2006-07-05 14:25:06 · answer #3 · answered by jeppesen22 1 · 0⤊ 0⤋
"Pro-rated" is a bastardized version of the Latin "pro rata", meaning "in proportion to some factor that can be exactly calculated".
Let's say you have three people on your sales team, A, B, and C. During last quarter, A sold $5 million worth of product, B, $3 million, and C, $2 million. The management gave the sales team a bonus of $100,000 to be pro-rated according to the sales made. So A would receive $50,000, B, $30,000, and C, $20,000.
2006-07-05 14:54:53 · answer #4 · answered by NC 7 · 0⤊ 0⤋
Let's say the bonus is for the past 6 months of your employment, but you only worked there for 3 months. They can give you the "pro-rated" amount based on length of your employment.
That will be half of the amount of what you would have gotten if you worked there for 6 full months.
2006-07-05 14:22:06 · answer #5 · answered by tkquestion 7 · 0⤊ 0⤋
Pro-rated means reduced according to what share of the time period has elapsed or passed. If you get paid $700 a week, pro-rated, and you worked two days, you'll get paid $200.
Best wishes and God bless.
2006-07-05 14:22:47 · answer #6 · answered by bobhayes 4 · 0⤊ 0⤋
divided into a proportionate portion, usually proportionate to time. so maybe your quarterly bonus is paid 1/3 in month 1, 1/3 in month 2, and 1/3 in month 3.
2006-07-05 14:22:21 · answer #7 · answered by fcas80 7 · 0⤊ 0⤋
If you were not eligible for the bonus during the entire quarter, your bonus will reflect the amount of time that you were.
2006-07-05 14:23:14 · answer #8 · answered by terry k 1 · 0⤊ 0⤋
That bumper sticker represent ignorance and intolerance. It's insulting to Christians who do hold the opposite view. And believe it or not the Christian world is divided on this issue.
2016-03-27 05:30:56 · answer #9 · answered by ? 4 · 0⤊ 0⤋