As you can see, the bonuses have a special role in the current business world. The bonuses should be a small extra for the effort and performance given to the organization. The bonus should be paid, when the organization has the profit to pay bonuses from. But reading the newspapers, the banks in troubles plan [...]
Tag Archives: bonus
Bonuses and Recession
November 29, 2008 – 7:27 pm
The bonuses are the most discussed compensation component in the recession. As the bonus is directly linked to the overall business performance and the profit should be reached to pay the bonuses to employees, they feel uncertain about their bonuses in the recession.
Bonus Schemes Troubles in Economic Crisis
October 6, 2008 – 8:22 pm
The bonus scheme are usually seen as the best motivational tool. Generally, it is true, when the economony and the organization grows. The employees get nice bonuses and they expect higher bonuses every year. The economic crisis changes the picture. The employees have to be prepared to get smaller bonuses, but they are not ready [...]
Bonus is not performance feedback
September 14, 2008 – 6:19 pm
The managers always wish to pay high bonuses. They want to provide the employees with a huge feedback, how they are satisfied with their effort. But in reality, the employees ask for the real feedback, the money is a nice extra for them. The bonuses cannot work as the supplement for the real feedback provided [...]
Is your variable compensation really variable?
June 16, 2008 – 9:28 pm
The companies believe in the variable part of the pay of employees. The variable compensation belongs among the most important components of the remuneration policy.
