Hello,
I am thinking of revamping the pay structure of our BPO division! Please see the attached and let me know if I am on the right track or not!
I am considering offering on-the-spot cash incentives! Could anybody let me know how I should frame the incentives package? I would like to learn more about the Deferred Incentive Plan (DIP) and how to implement it in our organization.
Awaiting suggestions from all of you,
Ayona
From India, Delhi
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17I am thinking of revamping the pay structure of our BPO division! Please see the attached and let me know if I am on the right track or not!
I am considering offering on-the-spot cash incentives! Could anybody let me know how I should frame the incentives package? I would like to learn more about the Deferred Incentive Plan (DIP) and how to implement it in our organization.
Awaiting suggestions from all of you,
Ayona
From India, Delhi
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Hi,
With regards to the Deferred Incentive Plan (Loyalty Bonus), you can have a loyalty bonus for employees completing 9 months, which would be paid out after 3 months of the completion of 9 months. This is a retention technique that works in your favor.
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With regards to the Deferred Incentive Plan (Loyalty Bonus), you can have a loyalty bonus for employees completing 9 months, which would be paid out after 3 months of the completion of 9 months. This is a retention technique that works in your favor.
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Thanks for your interest in feedback! I am still looking for suggestions from your end. I want to know whether the CTC package I have designed is good or not. I still need more details about the deferred incentive plan. It would be helpful if you could shed some light on it. I am also searching for a sample quality evaluation form used in call centers. It would be great if you could assist with that. Thanks and regards, Ayona
From India, Delhi
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From India, Delhi
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The structure looks good. You can hire freshers and individuals with 1-2 years of experience within the structure as you start moving up. Especially from Grade 3 to Grade 8, it's very challenging, and it may not work. All you need to do is negotiate and negotiate.
From India, Chennai
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From India, Chennai
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Incentive Plan.xls
Incentive scheme - Differently abled employees.pdf