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Hi, I am working in the manufacturing industry. We are planning to introduce performance incentives for all our employees. Kindly advise on how to prepare the policy for these incentives. Can I fix the incentive based on job descriptions, or how should I proceed? Kindly advise. I am expecting your suggestions.

Regards, Devi

From India, Madras
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Performance Incentive is based on the production target on monthly basis,if u have achieved you can give incentive based on the slab system and this is the motivating factor for the employee.
From India, Bangalore
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Kindly find enclosed information regarding the performance incentive scheme. After reviewing this file, you can decide on the reward for an individual accordingly.

Thanks & Regards,
Deepika Kala
HR Executive
ADL Orbit Cable (India)

From India, New Delhi
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Hi, I am working in the manufacturing industry. We are planning to introduce a performance incentive for all our employees. Kindly advise on preparing the policy for the incentive. Can I fix the incentive based on the job description, or how should I proceed? Kindly advise. I am expecting your suggestions.

Regards, Devi

From India, Madras
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@ Devi,

Get the target month-wise from the TOP Management. Once the target is achieved (planned vs. actual), incentives may be added to the employees based on their skill level. Unskilled - $1000, Semi-skilled - $1200, and Skilled - $1500, etc.

From India, Chennai
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