How do you create a bonus plan that is essential to your incentive programs that will highly benefit your company's best employees? When you start writing your plan, you must be very particular about what rewards you want to give out like cash bonuses or public recognition. If you are still apprehensive about this part, you can follow the bonuses that other companies give to their workers. Then, consider the criteria of qualifications you would want to be the standard where the choice results will be based from. After that, make a timeline roadmap or a basic chart to help you track the development of your employees and whether they are reaching their intended target to avail of the bonus.
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