incentive bonus scheme

incentive bonus scheme

a form of PAYMENT BY RESULTS whereby an individual's WAGES may be supplemented by additional payments based on achievement of output or sales targets. See GROUP INCENTIVE SCHEME, PIECEWORK, PRIESTMAN PLAN, ROWAN OR HALSEY PLAN, PERFORMANCE-RELATED PAY.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
I also suspect that they have an incentive bonus scheme awarded to the drivers who manage to leave as many passengers as possible standing at the bus stops without even picking them up!
The parties furthermore agreed to expand the current Safety Incentive Bonus Scheme in that a taxable monthly amount will be paid to all those employees within the Recognized Bargaining Unit, subject to employee's monthly attendance rate and safety targets as determined by Swakop Uranium being met.
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.
Underlying earnings were 15% higher to PS331.1m, clearing another hurdle under a 2011 four-year share incentive bonus scheme for around 3,000 staff.
The company announced record profits earlier this month, clearing another hurdle under a 2011 four-year share incentive bonus scheme for around 3,000 fulltime staff.
Underlying earnings rose by 22.1% to PS287.9m - clearing another hurdle under a four-year share incentive bonus scheme for about 3,000 staff.
Its full-year figures will also be keenly awaited by staff, many of whom are on track to clear another hurdle under their 2011 four-year share incentive bonus scheme.
The incentive bonus scheme for top executives has become notorious, with targets too easily met and only deaths on the railway appearing to cause review of the generous top payments.
These men, pictured outside the Harnall Lane depot, were among the many taking part in the action over an incentive bonus scheme.
Sports Direct runs an incentive bonus scheme for staff, which it says has driven up earnings over the last few years.
backed Hie incentive bonus scheme which was turned down in the national ballot- In favour were 6,019 end againsl 5,163
The mobile phone operator's report and accounts for the year to March 31 shows he received pounds 1.27 million in salary, pounds 1.93 million in share awards under a short-term incentive bonus scheme and pounds 49,000 in benefits.