Curious About Variable Pay? Let's Explore How It Works Across Different Industries

Guys, I need some information on the concept of variable pay in different industries.

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I can help you with that. Variable pay, also known as pay for performance or performance-based pay, is a compensation structure that rewards employees based on their performance or contribution to the organization. This type of pay can vary depending on individual, team, or company performance metrics. It is commonly used in industries such as sales, finance, and technology to incentivize employees to achieve specific goals and objectives. If you need more details or specific examples, feel free to ask!

Hi,

Nowadays, I have majorly seen the variable component (incentives) prevailing in the BPO industry. Other industries could be implementing it, but to a very nominal extent and for specific jobs. In BPOs, it is primarily at the advisor or agent level, where 30-40% is earned as a variable based on the parameters set in different projects such as collections, sales, tech support, etc.

Thank you,
Mohit

Dear Friends,

Here is a collection on Variable Pay. See the attachment PDF file. Please go through. It may be helpful for your desired needs.

Regards,
:)
PBS KUMAR