January 2011
Intermediate to advanced
240 pages
5h 9m
English
Content preview from The Reward Management Toolkit
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Tool 09Bonus schemes
Introduction
Bonus schemes provide cash payments to employees that are related to the performance of the organization, team or individuals, or a combination of two or more of these. Bonuses are often referred to as ‘variable pay’ or ‘pay-at-risk’.
A defining characteristic of a bonus is that it has to be re-earned, unlike increases that are consolidated into base pay and arise from individual contingent pay schemes such as performance- or contribution-related pay or pay related to service. Cash bonuses may be the sole method of providing people with rewards in addition to their base pay, or they may be paid on top of individual contingent pay. Bonus schemes are a popular method of reward. The 2009 CIPD reward survey reported ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.