Incentive Policy Dilemma: How Should We Reward Workers and Managers in Auto Spares Production?

Hi all,

Please suggest the policy for incentives for workers and managers in an auto spares production unit.

Regards,
Sudesh Kumar Agnihotri

Mr. Agnihotri,

Please tell me the following answers:

1. How many years has the company been in operation?
2. What type of company is this?
3. What is the percentage of Net Profit or After Tax Profit?
4. Past performance regarding Incentive payments by the company, Break Even Point for Production, Profit Figure, and Actual Achievement.

I need the above facts before commenting on the Policy.

Arbindo

Mr. Agnihotri,

Please tell me the following answers:

1. How many years has the company been in operation?
2. What type of company is this?
3. What percentage of Net Profit or After-Tax Profit?
4. Past performance regarding incentive payments by the company, Break-Even Point for Production, Profit Figures, and Actual Achievements.

I need the above facts before commenting on the Policy.

Arbindo