Define objectives (e.g., sales targets, performance metrics).
Set eligibility criteria (e.g., roles, tenure).
Determine the structure (e.g., percentage of sales, fixed amount).
Establish payout frequency (e.g., monthly, quarterly).
Outline terms and conditions (e.g., clawbacks, performance reviews, and consider bonus rules).
Communicate clearly to employees.
Document the scheme in writing and make sure it’s non-contractual.
For free managers guides and templates – Reward & Recognition Guide, (Engage section) 👉 – https://breathingspacehr.co.uk/how-to-hr/
Improve Communication: Encourage open feedback and transparency. Recognise & Reward: Acknowledge achievements and contributions. Offer Growth Opportunities: Provide training, mentorship, and career progression. Enhance Work Environment: Foster a positive, inclusive culture. Support Work-Life Balance: Offer flexible work options where possible. Strengthen Leadership: Ensure managers motivate and support teams. For free managers guides and templates – Employee Engagement – Line Manager Guide (Engage section) 👉 – https://breathingspacehr.co.uk/how-to-hr/
Read moreShare the “why”, involve teams in decisions, recognise effort, and improve manager capability. Small habits—thank-yous, visible progress, and autonomy—go a long way.
Read moreThe Employment Relations (Flexible Working) Act 2023 introduced new laws on flexible working in the UK, which came into effect on 6 April 2024: Day one right: Employees can request flexible working from their first day of employment, regardless of how long they’ve been with the company. Multiple requests: Employees can make two requests for flexible working […]
Read moreOnboarding: Provide a structured and robust induction plan and welcoming process with clear introductions to culture and role. Clear Expectations: Set clear goals and job alignment from day one. Regular Check-ins: Assess progress, gather feedback, and offer support. Development Opportunities: Offer training, mentorship, and career growth paths. Recognition: Regularly recognise achievements and provide feedback. Work-Life […]
Read moreMarket Research: Regularly benchmark salaries against competitors. Adjust for Inflation: Consider cost-of-living adjustments (COLA). Flexible Benefits: Offer non-salary benefits like bonuses and wellness programmes. Transparent Pay: Make the pay structure clear to employees. Retention: Provide career development and promotion opportunities. Reward Systems: Use performance bonuses or profit-sharing. This helps retain talent and keep pay competitive.
Read moreLead by Example Ensure leaders model inclusive, respectful behaviour and promote open communication. Promote Diversity Actively recruit diverse talent and support inclusion through training and employee groups. Encourage Employee Voice Create safe channels for feedback and involve staff in shaping workplace values. Recognise and Celebrate Acknowledge achievements and celebrate cultural events to build connections and […]
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