Publishing Bonus Structures: Seeking Opinions
Does anyone have any thoughts about publishing the bonus structure so that everyone in the company can see everyone else's?
My company includes the bonus or Economic Value Added (EVA) in our job descriptions. We wanted to publish our job descriptions for everyone, but we are concerned about our EVA being included. I wanted to see if anyone else has ever encountered such an issue.
From United States, Rochester
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Does anyone have any thoughts about publishing the bonus structure so that everyone in the company can see everyone else's?
My company includes the bonus or Economic Value Added (EVA) in our job descriptions. We wanted to publish our job descriptions for everyone, but we are concerned about our EVA being included. I wanted to see if anyone else has ever encountered such an issue.
From United States, Rochester
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It seems to me that everyone should know what their own personal bonus structure is. If you post other bonus structures, I think it would open the door to dissension, lower morale, and loss of productivity/efficiency. Do you want to go down that road? For what purpose?
From United States,
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9From United States,
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What about free access to job descriptions? Should a factory supervisor be able to see the VP’s job description?
From United States, Rochester
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From United States, Rochester
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I don't see any problem. In fact, it may be a good idea. It may serve as an incentive for employees to strive for upward movement in the organization. Of course, the bonus structure should be deleted.
The other benefit of having the job descriptions readily available would be to aid and assist others in the organization to understand and appreciate what responsibilities others, above and below them, have which contribute to the productivity, efficiency, and safety of the organization. Such recognition and appreciation will be carried out of the workplace and be reflected in the marketplace, as well as enhancing the company's prestige in the community.
From United States,
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The other benefit of having the job descriptions readily available would be to aid and assist others in the organization to understand and appreciate what responsibilities others, above and below them, have which contribute to the productivity, efficiency, and safety of the organization. Such recognition and appreciation will be carried out of the workplace and be reflected in the marketplace, as well as enhancing the company's prestige in the community.
From United States,
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Thank you for the feedback. We initially included the bonus in the job description to avoid the administrative task of referencing it in our ERP system. However, you are likely correct in suggesting its removal unless necessary.
Thanks again!
Regards, Phil
From United States, Rochester
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Thanks again!
Regards, Phil
From United States, Rochester
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