Bonuses and incentives
Understand the basics of bonuses and incentives, the trends in their application, and how to design and operate schemes effectively and ethically
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 any bonus or incentive scheme depends on an awareness of the factors needed for success and an understanding 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.
Unlock exclusive, tailored content and resources, just for members.
Sign in to accessNot a member yet? Find out how you can become a member today!
Tackling barriers to work today whilst creating inclusive workplaces of tomorrow.
Discover our practice guidance and recommendations to tackle bullying and harassment in the workplace.
15 أكتوبر, 2024
Employer-friendly Budget needed as pay growth slowsFind out what's meant by fair pay, what pay information UK employers must disclose by law and the opportunities pay narratives bring.
Introduces the basics of reward, which includes pay and benefits, and outlines the UK legal position
Read our submission to the Low Pay Commission regarding the 2024 consultation
This factsheet looks at the policies and procedures employers can put in place around relationships in the workplace, to mitigate risks to the business and their employees
Find out what's meant by fair pay, what pay information UK employers must disclose by law and the opportunities pay narratives bring.
Discover why organisational culture is an influential but problematic term, and why employers should focus on organisational climate to more readily enact positive change
Outlines the kind of occupational health services an organisation might offer and the role of confidentiality and consent in discussing an employee’s health