Hi Guys,
This is Somya. M doing a project in HR in Videocon.for that i neet to prepare a format for incentive schemes for a retail chain like Croma, e-Zone, Vijay sales, or "Reliance Digital".
Guys plz help me.as m new to this field,m unable to make any format.Guys i need to find the basis for incentives.
i'll be very grateful.plz help me.
From India, Pune
This is Somya. M doing a project in HR in Videocon.for that i neet to prepare a format for incentive schemes for a retail chain like Croma, e-Zone, Vijay sales, or "Reliance Digital".
Guys plz help me.as m new to this field,m unable to make any format.Guys i need to find the basis for incentives.
i'll be very grateful.plz help me.
From India, Pune
Dear,
U can find related information at the site, but there is not a standard format of incventive. Everybody has their own terms & condn.
Fro e.g. A store has monthly target of Rs10,00,000P.m.. Management has decided if the stores meet the target they will distribute the 1% as incentive to their employees. if It exceeds the target they may receive 1.5 % or 2% right. Less than the target there may be incentive lower than 1 % or no incentive.
Next is No. of employees. U can set up the incentive percentage as per grade of the employee. Say there are 20 people in a store consist of one manager, two cashier, 17 CCE(customer care Executive), Either there may be equal percentage, or may vary as per the designation.
Fro e.g.-- incentive amount Rs10000, Manager -15%, Cashier-5%, CCE-12%, hope u got my point.
Regards
Vipin
From India, New Delhi
32U can find related information at the site, but there is not a standard format of incventive. Everybody has their own terms & condn.
Fro e.g. A store has monthly target of Rs10,00,000P.m.. Management has decided if the stores meet the target they will distribute the 1% as incentive to their employees. if It exceeds the target they may receive 1.5 % or 2% right. Less than the target there may be incentive lower than 1 % or no incentive.
Next is No. of employees. U can set up the incentive percentage as per grade of the employee. Say there are 20 people in a store consist of one manager, two cashier, 17 CCE(customer care Executive), Either there may be equal percentage, or may vary as per the designation.
Fro e.g.-- incentive amount Rs10000, Manager -15%, Cashier-5%, CCE-12%, hope u got my point.
Regards
Vipin
From India, New Delhi
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Incentive scheme - Differently abled employees.pdf