Hi All,
What is the difference between a guaranteed bonus and MBO? We have signed an agreement with an organization (we are an HR consulting company) which specifies the following: Annual gross remuneration includes salary, guaranteed bonuses, and allowances. However, they have Management by Objectives (MBO) in the payslip. I do not find the term guaranteed bonus. Are a guaranteed bonus and Management by Objectives (MBO) one and the same?
Regards,
Sridevi
From India, Bangalore
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What is the difference between a guaranteed bonus and MBO? We have signed an agreement with an organization (we are an HR consulting company) which specifies the following: Annual gross remuneration includes salary, guaranteed bonuses, and allowances. However, they have Management by Objectives (MBO) in the payslip. I do not find the term guaranteed bonus. Are a guaranteed bonus and Management by Objectives (MBO) one and the same?
Regards,
Sridevi
From India, Bangalore
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Guaranteed Bonus and MBO are not the same thing, but this company might be using both terms interchangeably. Here is a link which can help you understand MBO in detail: https://www.citehr.com/288027-what-mbo.html. I'm sure it will be of assistance.
From India, Delhi
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115From India, Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
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