bonus scheme

bonus scheme

a form of INCENTIVE PAY SCHEME wherein an individual's or group's WAGES are based on achievement of individual or group output targets. Bonus schemes often provide for a guaranteed basic wage for employees. See PAY.
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The Scottish Government's Small Business Bonus Scheme provided PS6.75m of support for businesses across Renfrewshire in 2017/18 - a 16.9 per cent rise on the previous year.
Dr Lynham said the Palaszczuk Government also had introduced rules to allow for the integration of battery technology with solar systems, preventing people using battery systems from profiteering through the Solar Bonus Scheme.
The huge backlash follows a controversial PS800million bonus scheme for more than 100 top managers.
Also, board of management members shall acquire Wartsila shares with 50% of the net bonuses received under the company's long-term bonus scheme until the above share ownership level has been achieved.
Whether the bonus scheme is actually discriminatory will depend on the details of the scheme and its application, in particular whether it allows for any flexibility for disability related absences, and also whether the employer has business reasons that justify the, otherwise discriminatory, impact of the policy.
Meethaq, the Islamic banking facility from Bank Muscat in Oman, has launched a first-of-its-kind salary bonus scheme for customers.
Meethaq has launched a first-of-its-kind salary bonus scheme for customers.
It also said underlying earnings would be in line with forecasts for PS380m, which will trigger a multimillion pound share payout in September under the staff bonus scheme.
BothAaoccupational accidents and road traffic accidents were taken into account in the bonus scheme, the daily said.
Underlying earnings were 15% higher to PS331.1 million, clearing another hurdle under a 2011 four-year share incentive bonus scheme for around 3,000 staff.
A BONUS scheme at Sports Direct will no longer involve its founder Mike Ashley after he gave up his right to a potential multi-million pound windfall.
A CONTROVERSIAL bonus scheme for Sports Direct founder Mike Ashley and Newcastle United owner has got the green light, despite a large protest vote from shareholders.