Human Resource Management Equation: Performance-Based Bonuses
Let's take a step away from the discussion of monthly base salary and allowances, and share some thoughts on bonuses!
It seems that many companies still determine the amount of bonuses based on a certain number of months' worth of wages. This approach tends to legitimize and promote the idea of bonuses as an entitlement, which has little effect on fostering a sense of participation in management and results in significant losses in terms of talent management. On the other hand, it appears that there are also an increasing number of companies that do not offer bonuses at all. While this may be unavoidable given the tough business environment, it seems necessary to find some creative solutions rather than applying a blanket zero policy. *For more details, you can view the related links. Please feel free to contact us for further information.*
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