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Practical Tool:

Bonus and incentive plans: a development guide

Resource summary

Assistance to help decide the most appropriate bonus or incentive scheme to introduce. Based on the seven-step process in the CIPD publication on bonus and incentive schemes. The tool is broken down into two phases.
  • Phase 1: initial diagnostic and scheme outline design - covering why introduce a scheme, what are the benefits and risks, what will be the best type.
  • Phase 2: design finalisation - covering testing and implementation.

The page you want to access is a CIPD members benefit.

Get immediate access by joining today, it costs £195 and it only takes 5 mins to join. Take a look at the CIPD member benefits.