Description
This document lays out a progressive, Best-in-Class, self-funding bonus plan – and it works. It was originally designed and rolled-out within an existing manufacturing, distribution, and customer facing, Fortune 500 Business Unit with operations across the US. It outlines the concept, provides definitions, lists pay variables, administrative detail, eligibility, etc. If you are looking to help drive profitability up, cut turnover, and make your business an employer of choice – you should look into this. Definitely a Best Practices differentiator.
Our President, Mark Clark helped integrate the plan into existing operations within a Fortune 200 electronics company. By the end of the second year, Sales had climbed 40.3% and Operating Profit increased by a whopping 33%. Payouts to employees for that first and second year were respectively 66% and 96.7%!
• Fully editable Word Template
• Customize by adding your own logo and cultural specifics
• 5 pages
• Logical, easy to understand and follow format
• Transparent in communicating policy and legal compliance requirements
• Open communications make this policy / template Best Practices
• Progressive and competitive with Best in Class operations
• Use this to make or assist your company in gaining Employer of Choice status
• Instantly downloadable – and usable upon purchase
