Does anyone have any thoughts about publishing the bonus structure, so that everyone in the company can see everyone elses?
My company has the bonus or Economic Value Added (EVA) on our job descriptions. We wanted to publish our job descriptions for everyone but are worried about our EVA being on them and wanted to see if anyone else has ever had such an issue.
From United States, Rochester
My company has the bonus or Economic Value Added (EVA) on our job descriptions. We wanted to publish our job descriptions for everyone but are worried about our EVA being on them and wanted to see if anyone else has ever had such an issue.
From United States, Rochester
It seems to me that everyone should know what their own personal bonus structure is. If you post other bonus structures, I think it would open the door to dissention, lower morale and loss of productivity/ efficiency. Do you want to go down that road? For what purpose?
From United States,
9From United States,
What about free access to job descriptions? Should a factory supervisor be able to see the VP’s job description?
From United States, Rochester
From United States, Rochester
I don't see any problem. In fact, it may be a good idea. It may serve as an incentive to employees to strive for upward movement in the organization. Of course, the bonus structure should be deleted.
The other benefit of having the job descriptions readily available would be to aid and assist others in the organization to understand and appreciate what responsibilities others, above and below them, have which contribute to the productivity, efficiency and safety of the organization. Such recognition and appreciation will be carried out of the workplace and be reflected in the marketplace, as well as enhancing the company's prestige in the community.
From United States,
The other benefit of having the job descriptions readily available would be to aid and assist others in the organization to understand and appreciate what responsibilities others, above and below them, have which contribute to the productivity, efficiency and safety of the organization. Such recognition and appreciation will be carried out of the workplace and be reflected in the marketplace, as well as enhancing the company's prestige in the community.
From United States,
Thanks for the feedback, we had originally put the bonus on the job description to eliminate the administrative need of looking it up in our ERP system. However, you are probably right about getting rid of it unless we need it.
Thanks again!
Phil
From United States, Rochester
Thanks again!
Phil
From United States, Rochester
go ahead with making position descriptions/ salary charts available to all.. its a best in class practise.. we used to follow it at my previous employer..
From India, Delhi
From India, Delhi
We are going to go forward with putting the job descriptions into a database and publishing them. However, we are currently basing salaries off of market value at the time of hire and don't have a set salary structure/chart. It is a possible project for the future.
Thanks again for the feedback!
From United States, Rochester
Thanks again for the feedback!
From United States, Rochester
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Amendment to Payment of Bonus Act 2015.jpg
Strategic-hr-ma nagement2_422.p df
Job Description - HR & Admin.doc