Understand the basics of bonuses and incentives, the trends in their application, and how to design and operate schemes effectively and ethically
The effectiveness of bonus and incentive schemes depends on an awareness of the key factors needed for success and recognising that individuals may respond differently to the same stimulus.
This factsheet explores the types of bonuses and incentives, their use, and their potential benefits and drawbacks. It also highlights research evidence and the possible implications of using such schemes.
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Learn about the UK law surrounding workplace pensions and how to choose new schemes or review existing pension arrangements
Read our latest Labour Market Outlook report for analysis on employers’ recruitment, redundancy and pay intentions
Learn about the UK law surrounding workplace pensions and how to choose new schemes or review existing pension arrangements
Introduces the concepts of data protection for employers and what individual rights are to access information
Examines the history, principles and current practice around competence and competency frameworks