Bonus Scheme Structure

Recognizing the importance of aligning its objectives with the aspirations of its employees, the company endeavored to develop an innovative bonus payment scheme

Key Objectives

  • Design bonus scheme for middle and upper management according to their performance and that of the company’s
  • Combine decision making with KPI’s and targets of the company
  • Attain personal performance improvement

Our Approach

  • Performed internal interviews with management team
  • Incorporate crucial decisions into the RASCI model
  • Assign KPI’s into each role
  • Score each KPI according to their importance
  • Combine RASCI with important KPI’s and budget

Impact for our Client

Arrived at a new renumeration bonus scheme based on the analysis that drove better operational improvement:

  • Clear targets
  • Alignment between personal and company targets
  • Fair bonus compensation 

 

KPI’s scoring

KPI’s scoring

KPI’s and Staff matrix

KPI’s and Staff matrix