Rewards and Compensation

By Bob Normand - Want to provide incentives related to better employee performance? Here are some tips to help you design an effective incentive plan. (Added: 20-Jul-2007 Hits: 1065 )

By Bob Normand - Incentive plans should not result in arbitrary distributions of money casually decided upon by senior management. Instead, a good incentive plan must be quantified, must be a predictable result to the employee and must be directly related to measurable performance beyond the norm. This differentiates incentive plans from savings or retirement plans. (Added: 30-Jul-2007 Hits: 873 )

By Joel Spolsky - Most software managers have no choice but to go along with performance review systems that are already in place. If you're in this position, the only way to prevent teamicide is to simply give everyone on your team a gushing review. But if you do have any choice in the matter, I'd recommend that you run fleeing from any kind of performance review, incentive bonus, or stupid corporate employee-of-the-month program. (Added: 27-Jul-2005 Hits: 1175 )

By Joel Spolsky - A view that hoping to improve performance via incentive pay is at least sometimes, not a good idea. (Added: 11-Jul-2007 Hits: 917 )

By Christina Morfeld - This article explains fundamental concepts related to stock options. (Added: 14-Sep-2002 Hits: 898 )

By Henry Mintzberg - These days, it seems, there is no shortage of recommendations for fixing the way bonuses are paid to executives at big public companies. Well, I have my own recommendation: Scrap the whole thing. Don%u2019t pay any bonuses. Nothing. This may sound extreme. But when you look at the way the compensation game is played%u2014and the assumptions that are made by those who want to reform it%u2014you can come to no other conclusion. The system simply can%u2019t be fixed (Added: 30-Nov-2009 Hits: 398 )

By Kathleen M Joyce - According to a study released earlier this year, the right incentive programs can boost performance among teams of employees by as much as 44%, and among individual workers by as much as 25%. (Added: 30-May-2005 Hits: 1426 )