VCP (variable compensation pay) payouts are affected by two factors: 1) individual employee attendance, and 2) facility site to plan production goals. Monthly maximum VCP payouts for an employee, during the first three quarters of the year, are 8% gross pay from the previous month. For the fourth quarter (peak), maximum payouts are doubled to 16%, generally making December and January payouts pretty decent. So, in a normal month with a possible 8% VCP payout, 4% is based on an individual employee's use of UPT (unpaid time off) and 4% is based on attainment of facility wide production goals set by the company (which the individual employee has no control over.) If an employee uses one instance of UPT, the portion of VCP based on attendance is reduced to 2%. For the second instance of UPT usage, the attendance portion is reduced to 0%. The site to plan portion of VCP payouts is sometimes a full 4%, sometimes 2%, often 0%. What the company terms abuse of UPT can often be an act of desperation. The employee feels compelled to use UPT even though she understands that she will not only miss paid work hours, but she will have to pay back VCP (variable compensation pay) to the company for using those unpaid UPT hours. Using UPT (unpaid time off) becomes part of an employee's strategy for maintaining health, family obligations, life obligations, and work obligations.
Tips to Help You Make More Money with Wholesale Selling Step 6: Review the historical data of the product. After checking your product criteria in the app and narrowing down your list of products, check Price History and Buy Box History. Looking at price fluctuations can help you develop the best repricing strategy. Whether you're selling t-shirts or guitars, repricing can help you remain competitive.
Tips to Help You Make More Money with Wholesale Selling Step 6: Review the historical data of the product. After checking your product criteria in the app and narrowing down your list of products, check Price History and Buy Box History. Looking at price fluctuations can help you develop the best repricing strategy. Whether you're selling t-shirts or guitars, repricing can help you remain competitive.
Tips to Help You Make More Money with Wholesale Selling Step 6: Review the historical data of the product. After checking your product criteria in the app and narrowing down your list of products, check Price History and Buy Box History. Looking at price fluctuations can help you develop the best repricing strategy. Whether you're selling t-shirts or guitars, repricing can help you remain competitive.
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