[3] Bonus and incentives

Bonus and incentives

A bonus can be an important part of compensation. But a misaligned bonus plan can be worse than useless. Bonuses do not manage for you and the context within which they are being asked to operate is critical. As compensation consultants we will help you review or design bonus plans that are fit for purpose that align with your organisation’s aims. Projects undertaken include:

  • Overhauled and redesigned 15 sales and management incentive bonus plans across a UK business
  • Developed a range of executive retention plans
  • Developed new management and staff bonus plans to save money and realign with the business aims

You might find this one page on bonuses of interest.

Developing bonus plans pdf