Hi Seniors & friends,
How can we decide how bonus/incentive should be given to a particular employee when you cannot measure achievement in terms of revenue target.
My organization is into entertainment industry and is planning to start incentive/bonus plan for client servicing & operations staff. How can we decide how much we should give as bonus.
I have developed a list of objectives that are important on client servicing & operations part. Also, as we work on project basis, shall I consider the project value as well? Or, incentives should be some percentage of employees' salary or a fixed amount for all (irrespective of salary).
Please help me as this is very important and urgent.
Kind regards,
Shruts
How can we decide how bonus/incentive should be given to a particular employee when you cannot measure achievement in terms of revenue target.
My organization is into entertainment industry and is planning to start incentive/bonus plan for client servicing & operations staff. How can we decide how much we should give as bonus.
I have developed a list of objectives that are important on client servicing & operations part. Also, as we work on project basis, shall I consider the project value as well? Or, incentives should be some percentage of employees' salary or a fixed amount for all (irrespective of salary).
Please help me as this is very important and urgent.
Kind regards,
Shruts