Is It Time For A Peer-Reviewed Bonus System?
SEPTEMBER 10, 2012
India-based HCL Technologies created a similar system , but removed the monetary compensation element from its program. While both companies may have opened up the door to such systems becoming a popularity contest, the idea of distributing bonus power to all employees is a innovative idea for counter-acting our tendency to assess our work and compare it with others. Incentive compensation systems often seem just as likely to disappoint employees as to motivate them.