Clear Bonus System Criteria
This practice links variable compensation to clear conditions, metrics, and accrual rules, ensuring employees understand what they receive a bonus for.
Knowledge Base of Practices
Catalog of practices and connection to platform recommendations.
Cards can be filtered by theme and applicability level.
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Published management practices related to themes and recommendations.
This practice links variable compensation to clear conditions, metrics, and accrual rules, ensuring employees understand what they receive a bonus for.
Regular compensation reviews help verify that compensation aligns with role, level, market rates, and addresses risk factors for inequity.
A pay transparency policy defines salary ranges, review rules, and the criteria for moving within a range so that compensation expectations are more predictable.
A peer bonus program gives employees a small budget to recognize their colleagues’ contributions and makes appreciation less dependent on a manager’s evaluation.
A recognition points system allows colleagues and managers to acknowledge specific achievements with points that can be exchanged for a small bonus or gift.
A retention bonus helps retain people in a critical role or during an important period if the company defines the terms, timelines, and payout criteria in advance.