According to our performance bonus scheme, employees must obtain a rating of 2 (using a five-point rating scale) before they qualify for a bonus. I want to establish what performance rating threshold other companies use as a criterion to qualify for a performance bonus.
From South Africa, Johannesburg
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From South Africa, Johannesburg
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Hi Puxa,
A performance bonus, as the name suggests, should be based on factors such as productivity, wastage reduction, lower non-conformity of products/quality, teamwork, reporting, and attendance. You can consider these points as they are commonly followed.
Regards,
Vamsi Krishna
From India, Hyderabad
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211A performance bonus, as the name suggests, should be based on factors such as productivity, wastage reduction, lower non-conformity of products/quality, teamwork, reporting, and attendance. You can consider these points as they are commonly followed.
Regards,
Vamsi Krishna
From India, Hyderabad
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