Re: 2022 Audit Request - Matt's Acquisition Bonus

Thanks Tim and Irin!

Is there a bonus policy/agreement? Or just the proof file?

Thank you,

Rebecca

On Tue, Apr 18, 2023 at 12:12 PM Timothy Thomas <tt@thekey.com> wrote:

> I'm unclear on why there are two Q3 payouts, paid 11 days apart though.
>
> On Tue, Apr 18, 2023 at 3:11 PM Timothy Thomas <tt@thekey.com> wrote:
>
>> Rebecca,
>>
>> I knew I had it right the first time. See the correct proof attached for
>> $8333.33
>>
>> Thanks
>>
>> On Tue, Apr 18, 2023 at 3:06 PM Irin Eva <irin.eva@thekey.com> wrote:
>>
>>> Hi Rebecca,
>>>
>>> Pls see the below Amts we paid out to him in 2022:
>>>
>>> [image: image.png]
>>>
>>> Thanks,
>>> Irin
>>>
>>> On Tue, Apr 18, 2023 at 2:53 PM Timothy Thomas <tt@thekey.com> wrote:
>>>
>>>> Correct, his name is Madhu.
>>>>
>>>> This should have been paid in September. @Sam Naffaa
>>>> <hcao.accounting@thekey.com> or @Irin Eva <irin.eva@thekey.com> can
>>>> you verify when the $8400 bonus was paid to Matt (Madhu) Vijayan last year?
>>>>
>>>> On Tue, Apr 18, 2023 at 1:59 PM Rebecca Ng <rebecca.ng@thekey.com>
>>>> wrote:
>>>>
>>>>> Thanks Tim! Just to confirm, Matt is Madhu Vijayan? I don't see Matt
>>>>> Vijayan on the payroll reports, only Madhu Vijayan. Do you happen to know
>>>>> when the $8400 bonus was paid? Was the payment made in November?
>>>>>
>>>>> Thank you,
>>>>>
>>>>> Rebecca
>>>>>
>>>>> On Tue, Apr 18, 2023 at 10:29 AM Timothy Thomas <tt@thekey.com> wrote:
>>>>>
>>>>>> Hi Rebecca,
>>>>>>
>>>>>> Here is the bonus proof for Q2/22. We rounded up to $8400. The
>>>>>> payment would have been $8400 gross on his paycheck.
>>>>>>
>>>>>> The bonus of $6443 was likely another one for Q3 which would have
>>>>>> been for his new role in sales whereby he reports to Ashley Marone.
>>>>>>
>>>>>> Tim
>>>>>>
>>>>>> On Tue, Apr 18, 2023 at 12:33 PM Rebecca Ng <rebecca.ng@thekey.com>
>>>>>> wrote:
>>>>>>
>>>>>>> Hi Tim,
>>>>>>>
>>>>>>> KPMG selected the $8,400 accrual for Matt's bonus done in September
>>>>>>> 2022 as one of their bonus samples. They are requesting the bonus policy,
>>>>>>> bonus calculation and payment. Do you have the calculation for the $8,400
>>>>>>> and is there a bonus policy? I've attached the email Hua saved related to
>>>>>>> this accrual. Also, can you confirm if the actual payment for this bonus is
>>>>>>> $6,443? I found a bonus payment for Matt in the October payroll report for
>>>>>>> $6,443 and want to make sure that was the amount paid for the $8,400
>>>>>>> accrual. Please let me know if I should reach out to someone else for the
>>>>>>> bonus policy and calculation.
>>>>>>>
>>>>>>> This is a high priority audit request, please let me know as soon as
>>>>>>> possible.
>>>>>>>
>>>>>>> Thank you,
>>>>>>>
>>>>>>> Rebecca
>>>>>>>
>>>>>>> Rebecca Ng
>>>>>>> Senior Accountant
>>>>>>> *Please note my email has changed:*
>>>>>>> rebecca.ng@TheKey.com <Rebecca.Ng@TheKey.com>
>>>>>>> TheKey.com <https://www.thekey.com/>
>>>>>>> [image: TheKey] <https://www.thekey.com/>
>>>>>>>
>>>>>>
>>>>>>
>>>>>> --
>>>>>> Tim Thomas
>>>>>> Head of Canada Division
>>>>>> *Please note my email has changed:*
>>>>>> tt@TheKey.com <tt@thekey.com>
>>>>>> (514) 591-9387
>>>>>> TheKey.ca <https://www.thekey.ca/>
>>>>>> [image: TheKey] <https://www.thekey.com/>
>>>>>>
>>>>>
>>>>
>>>> --
>>>> Tim Thomas
>>>> Head of Canada Division
>>>> *Please note my email has changed:*
>>>> tt@TheKey.com <tt@thekey.com>
>>>> (514) 591-9387
>>>> TheKey.ca <https://www.thekey.ca/>
>>>> [image: TheKey] <https://www.thekey.com/>
>>>>
>>>
>>>
>>> --
>>>
>>> Irin Nahar Eva, PCP
>>>
>>> Payroll Specialist
>>>
>>> *647-932-6409 *ext. 23900051
>>>
>>> irin.eva@thekey.com
>>>
>>> [image: See the source image]
>>>
>>
>>
>> --
>> Tim Thomas
>> Head of Canada Division
>> *Please note my email has changed:*
>> tt@TheKey.com <tt@thekey.com>
>> (514) 591-9387
>> TheKey.ca <https://www.thekey.ca/>
>> [image: TheKey] <https://www.thekey.com/>
>>
>
>
> --
> Tim Thomas
> Head of Canada Division
> *Please note my email has changed:*
> tt@TheKey.com <tt@thekey.com>
> (514) 591-9387
> TheKey.ca <https://www.thekey.ca/>
> [image: TheKey] <https://www.thekey.com/>
>