I need to design an incentive/bonus scheme for the next FY. We have a small company, 3m t/o, 100 employees. Three different but inter-linked revenue generating units. Just wondering if anyone has any experience of how a successful bonus/incentive scheme could be operated?
I've had a couple of suggestions, one based on budget targets, another based on sharing out (say) 10% of net profits.
Any input anyone?