Appreciation On Good Performance Employee

I do not know how effective it will be to reduce an employee's salary to 25% and then introduce a performance-based incentive for him. Most human beings are sensitive to this issue (salary). So, should management/HR not consider this issue? Recently, this has ha...

Hi,Monetary allowances as incentives based on performance will certainly play a major roll in motivating the employees. But a clear, transparent and a comprehensive scheme need to be formulated and implemented after getting due feedback from the concerned.Whethe...

Incentives are part and parcel of employee motivation, productivity strategies, pay packages, and sometimes even as a tool of behavioral therapy also. For example, an attendance bonus is an incentive to make employees punctual and regular to work. Therefore, you...

Hi,There are two dimensions:1) Incentive: Mainly direct contribution given by the company to employees for their performance. This is a share in the business made; for example, Sales Incentive.2) Performance Bonus: It is recognition given to an employee where th...

Dear Members,Kindly share your practical experiences and views on whether incentive-based work performance is beneficial or detrimental to an organization.Thank you.