Productivity and high standards are important to you. Recognition and encouragement are important to employees. Incentive pay is a way for you and your employees to achieve results.
A good incentive pay scheme can motivate employees to work better for your business. A badly thought-out scheme, on the other hand, can be divisive and demoralising.
This brief explains:
- How to set objectives.
- The types of scheme to consider.
- How to ensure your scheme works.
