Employee Bonus Guide
This informational guide examines various employee bonus plans and implementation details.
- Incentives and bonuses are often confused for one another. Without clarity, employees are left wondering when and why the reward is offered and whether it was based on performance.
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Our Advice
Critical Insight
Meticulous and intentional planning is required when selecting employee bonus programs. Putting in a bonus program and then backtracking to remove it is worse than not offering one to begin with.
Impact and Result
- Selecting the right bonus with the right customizations creates a program with the right impact that supports organizational needs.
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Build a Total Rewards Strategy
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Create an Effective Short-Term Incentive Plan
Employee Bonus Guide
Evolve Pay for Performance