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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: Clear 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 Management discretion 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 Our research Table 1: Bonus scheme factors measured Additional resources on XpertHR.
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