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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Outlines the purpose of pay structures and progression, including the common ways of structuring pay and determining, reviewing and controlling pay progression
Find out what's meant by fair pay, what pay information UK employers must disclose by law and the opportunities pay narratives bring.
Outlines the purpose of pay structures and progression, including the common ways of structuring pay and determining, reviewing and controlling pay progression
Understand the basics of the Working Time Regulations, holidays and other leave such as leave for jury service
Discover why organisational culture is an influential but problematic term, and why employers should focus on organisational climate to more readily enact positive change
Find out what's meant by fair pay, what pay information UK employers must disclose by law and the opportunities pay narratives bring.