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Old 05-23-18, 08:05 PM   #10
Buddahaid
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Quote:
Originally Posted by vienna View Post
^ Agreed. There is also the 'quarterly rewards' system at play: in large corporations, bonuses are awarded on a quarterly basis, making the focus on achieve a short-term gain on the books the goal rather than working towards a long term objective; make the bonus payable as it once was: at the end of the year and based on the degree of gain. I would even like to see the bonus system based on a multi-year term, at least two years, or preferably, five years. If they had to actually work towards a sustained long-term goal rather than just the next 90 days, I think all involved, the corporation, the shareholders, the employees, and even the consumers would benefit...
<O>
I'm in a quarterly incentive program and I like it, however, our performance gets measured on a monthly basis as we are a service provider, and the more effective we are providing the service, the better the incentive.
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