Share Based Payment Transactions: Indian Accounting Standard (Ind AS) 102

After half a month of nonstop overtime, I secured a contract worth over ten million, pulling the company back from the brink of collapse. My boss, Richard Gray, was overjoyed. At the celebration party, he called me the pillar of the company and announced that he would reward me with a bonus. However, when the end of the month came, and I opened my payslip, I froze. Negative 250 dollars. A negative commission? I actually owed the company 250 dollars? I immediately called the finance department, asking if there was a mistake on my payslip. They replied, "No mistake. This is the cost calculation formula that Mr. Gray personally instructed us to use. He said you'd understand once you saw it." I went straight to Richard for an explanation. He laughed. "The contract that you signed, after factoring in the concessions, upfront resources, and hidden expenses, left the company with a net loss of 150 thousand. Since the loss was due to your personal decisions, you're responsible for five percent. That totals to 7500. "Considering how hard you worked, we deducted it from your base salary first. But your salary wasn't enough, so you still owe the company 250. Don't worry. The company treats its employees well. We'll write that off." Soon after, he awarded 100 thousand dollars to the newly arrived intern. I watched the newcomer, probably connected to Richard, cheerfully treat the entire company to dinner with her bonus, and something inside me just snapped. From that day onward, I did the bare minimum. I clocked in. I clocked out. Nothing more. Later, when a critical project went catastrophically wrong and the company faced a colossal compensation demand, Richard came begging me to fix it. I just smiled and said, "Sorry, Mr. Gray. I've already resigned. If there are any problems, you can ask the intern who got the 100 thousand dollar bonus to handle it."

My cousin, John Anderson, always paid me in tens rather than in thousands. He owned a renovation company, and my team and I always worked hard for his projects. However, he only transferred me thirty dollars for sand and concrete that were worth three thousand dollars. Besides that, he only transferred me one thousand five hundred dollars to finance customized doors and windows worth one hundred and fifty thousand dollars. I did not harp on that. Instead, I bore the cost in full, as he was my cousin. That was until his wife, Rory Anderson, scolded me in front of all the workers. “Peter’s a bloodsucker. He never informs us whenever he buys new materials. He must have scammed a lot of money from us! I saw that he got himself a new house and a new car. I bet these are all bought with money he took from us!” John smoked next to us and sighed, “Never mind. He’s family after all.” I was furious when I heard that. I paid more than six hundred thousand dollars’ worth of material fees for him, and he was accusing me of stealing his money? The next client had a mansion and wanted natural marbles worth hundreds of thousands of dollars for his living room floor. John approved the request but only transferred me a thousand dollars to get it sorted out. So, I went to the brick factory located in the countryside and got a truckload of used red bricks from pigpens. Then, I used them for the client’s flooring.

The company had been losing money for two consecutive years. That year, with our biggest client suddenly going out of business, we lost nearly ten million dollars in receivables. On New Year's Eve, I sent out a company-wide apology email after much deliberation. The email stated, "At this moment, I regret to inform that we can only increase each employee's monthly salary by 20 dollars this year." An intern named Ingrid Little took a screenshot of the email and posted it online. In no time, her post started trending. The entire internet criticized me for being fake and pretending to be poor. They said that my shameless act was a blatant insult to my employees' hard work. "20 dollars doesn't even cover commuting!" "Why hasn't this garbage company gone under yet?" Ingrid replied to each comment with the same line: "I don't care about the money. I just feel insulted. I'm quitting tomorrow." The next day, I walked into the office with bloodshot eyes and turned on the company-wide broadcast. I announced, "Since some people believe I've insulted their dignity, you may submit your resignation immediately. However, you will no longer be entitled to the year-end bonus of 20 thousand dollars." Everyone gasped in disbelief. Ingrid turned completely pale, and some workers even rushed into my office impulsively. "Boss, this has nothing to do with me! I stand with the company!" After all, my company had increased salaries for 37 consecutive years and given an average raise of over 2,000 dollars each time. They wouldn't find a company like mine elsewhere.

As the year ended and payday finally arrived, my salary still hadn't hit my bank account. I headed straight to the finance department to sort it out, but Sarah Thompson dismissed me impatiently. "You picked up those coupons last week, didn't you? The ones for "Spend 2,000, save 1,000". You got ten of them, adding up to $10,000. Your salary is $8,000, and that extra $2,000 is a perk." I stared at her, stunned. No one had said a word about this when the coupons were handed out. Worse, they could only be redeemed at our boss's supermarket, where commodities were ridiculously marked up. Items that cost $19.99 at a regular supermarket went for $49.99 there, more than double the price. It dawned on me that the boss was just shuffling money from one pocket to another, which meant I had been basically working for free. I shoved the coupons back at her. "I don't want these. Just deposit the cash into my bank account." Michael Wright walked over with a frown. "What's all the yelling? We gave you an extra $2,000, and you are not even grateful? You're stirring up trouble for nothing. You'd spend your salary on stuff anyway. We're just making it convenient." My voice rose, shaking with fury. "What you're doing is illegal!" He laughed, cold and scornful. "Then sue me. I manage things here. You think I'd be scared by a minor employee like you?" Right then, my phone buzzed with a text notification: [Lisa Matthews, congratulations on securing the Enforcement Officer position at the tax bureau.]

After I switched from a private company to a foreign enterprise, my salary rose accordingly. My husband, who was always frugal, suggested that I hand over my entire salary to him. He claimed it would be used for daily household expenses. Watching him calculate the numbers, I asked, “What about your salary?” He said casually, “I’m saving it for our retirement.” I said nothing and followed his instructions. I spent my entire salary within a month. My husband finally felt uneasy when he saw how many packages kept showing up at our home. Seeing his doubts, I happily said, “You’re the one who said to use my whole salary for household expenses.” He exclaimed, “What are we, the Rockefellers?! How can one month cost this much?” That was funny. It turned out that he knew that a normal family’s expenses would never take my entire salary.

On the first day of work, my boss, Wayne Richmond, gives everyone a nice bonus to start the year. Some receive 100 dollars, while others receive 200 dollars. When it's my turn, all I get is a piece of A4 paper. The rent, the management fee, and the utility bills, all from last year, are printed on the paper. At the end, I see Wayne's bank account number listed there. Wayne just looks at me haughtily as he says, "Meredith, you took the liberty to take on overtime shifts that last for more than a thousand hours last year. But despite the long hours, you didn't really bring much profit to the table. "That's why you should be the one paying for the property fees and the utility bills, seeing as you've wasted so much resources. This shouldn't be an outrageous request, right?" When I try to argue with Wayne, he just waves a hand at me impatiently. "I'm already charging you the lowest rate. Hurry up and pay the bills. Don't delay the work hours for everyone." As I stare at the piece of paper, I just smile instead of lashing out at Wayne. Everyone in the company doesn't know that I'm actually the owner of the building this company is based in. That means Wayne is giving me, the owner, the bill that he's supposed to be paying. In that case, I shall be retrieving every single cent that I've spent on this company. I won't be playing nice anymore.