The use of bonus schemes as part of the overall reward package is on the increase. But they are not a cheap option. Employees will value pay more than bonus as pay is guaranteed - and they don't have to wait so long for it.
Despite this, time and time again we come across bonus schemes that have been in place for years that are simply not working. This means the money is wasted.
In this article for HR Zone Julia gives a simple five point bonus health check. Read the full article.
Photo courtesy of darkday.