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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.
On this page:
majority of employers have a bonus scheme
What type of bonus schemes are utilised?
Chart 1: Type of bonus scheme
What are bonus schemes for?
Chart 2: Objectives of bonus schemes
Do bonus schemes work?
Ending schemes will hit recruitment
Setting the bonus pot
Expressing the payment
Size of bonus
Bonus scheme metrics
Level of performance
Bonus schemes in 2011
Monitoring and modifications
Disadvantages of bonus schemes
Chart 3: Disadvantages of bonus schemes
Bonus schemes in 2012
Employer comments on bonus schemes
Communication is key
Table 1: Bonus scheme factors measured
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