Please find attached below the EIP payment file received from Boeing:
Please make the EIP payments with the February 2015 payroll.
As per the practice the EIP amount needs to be shown under component "Employee Incentive Plan/XFB" before Total Gross Salary column in the AR4.
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Boeing's Note :
The 2015 EIP payment files which contain the EIP payment amounts for each employee that are to be included in February’s payroll.
Please note the following:
• All EIP payments are to be paid in the home currency of the employee’s designated country, as noted in the files.
• Managers are not included in the EIP file unless they were either added or deleted as a manager during the 2014 calendar year, in which case they will receive an EIP award payment based on their “non-manager” earnings in 2014.
• Please use earn code “XFB” for all EIP payments.
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Please ensure to use this file while preparing the February 2015 payroll.
Let us know if you have any queries.