The keys to a successful incentive scheme

There seems to be a growing demand for good incentive schemes, maybe due to the number of bad ones out there, plus the need – especially in the current environment – to incentivise staff. After designing several, the following are the characteristics we have identified as sound: The scheme(s) must be easily understood. For an incentive to work effectively, people need to know what is required of them and what their reward will be once they achieve this. For example, calculations

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