Bonus allocation
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The Bonus allocation service involves the fair and equitable distribution of bonus payments within an organization. It includes establishing transparent criteria, evaluating individual performance, and implementing a systematic process to allocate bonuses.
This service ensures that bonuses are distributed based on merit, achievement of goals, and contribution to organizational success. It aims to incentivize and reward employees fairly, motivate high performance, and align bonus payments with organizational objectives.
This smart bonus budgeting is delivered based on Mercer’s 3P Framework:
Sample report:
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