Rumbles

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A Bonus With a Spec Sheet

In my previous post I talked about the fact that a bonus plan can be bad news if insufficient thought has gone into the planning and implementation. The last part of that sentence is really the answer to creating a better bonus plan … thinking through the planning and implementation.

I know for a fact that [...]

When a Bonus is Bad News

You’re probably thinking that a bonus can never be bad news, but you’d be wrong. Before I go into that let me discuss briefly the whole point of a bonus plan.

A bonus plan is intended to focus your employees on your company goals. As a side benefit it’s a motivator and gives employees a reason [...]