Bonus schemes 2011: providing an incentive

While there has been a good deal of negative coverage in the media of the substantial, and some would say excessive, bonuses received by senior executives, many junior employees are also eligible for incentive-related payments over and above their basic salary. We review current policy and practice, based on the experiences of 128 employers. 

• Bonus schemes 2011: providing an incentive Bonus and incentives 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. 
• Full data from the 2011 bonus/incentive schemes survey is available from XpertHR Benchmarking. 

Also

Implementing and managing a discretionary bonus scheme - a guide This article explores some of the employment law implications of incentive schemes. 

Payment of bonus contract clause We set out a model clause which can be used when drafting an employee's contract or employment particulars.