How to profit from performance incentives
Give everyone a chance to buy into success for your company, writes David Bell
If reports are to be believed, employers could struggle during 2016 to keep their most talented staff.
This shouldn’t come as a surprise: unemployment is falling, leading to a smaller pool of skilled staff; while prices, both in the property market and on the high street, are rising.
To overcome this challenge, firms are turning to performance-related pay (PRP), where salary and bonuses are linked to clearly defined metrics.
The measures
Numerous forms ...