Bonus schemes 2011: providing an incentive
Author: Adam Geldman
Bonus and incentive payments, in whatever form, can be a key element of the reward package. They are primarily designed to promote, sustain and recognise high levels of performance. We present the results of XpertHR's extensive research on this often sensitive element of remuneration.
Key points
- The most common single objective of a bonus scheme is to promote, and then reward, sustained high levels of performance.
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