SHORT-TERMINCENTIVES短期激励

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1、Short-TermIncentivesThoseadditionstobasepayprovidedtoemployeeswithinthecurrentyear.1Short-TermIncentivesInreviewingopportunitiesforgrantingshort-termincentives,employeesmustbeviewedfromfourdifferentperspectives:IndividualcontributorsTeammembersWorkunitsOrganizationmembers2Premiums&D

2、ifferentialsWageandHourLawsPayPolicyandProceduresUnionContractsIndustryPracticesDefinedandProscribedBy:3Premiums&DifferentialsOvertimePayShiftDifferentialWeekendHolidayWorkCall-backReportingStandbyCleanupTimeBurdensomeDistastefulHazardousWork4Pay-For-Units-ProducedTheoldestofallince

3、ntiveprograms.ItwassophisticatedinthescientificmanagementtheoriesofFrederickTaylorinthelate19thcentury.ThebasicthreeS’sofworkplaceefficiencyprogramsare:Standardize-Simplify-Specialize5Pay-For-Units-ProducedThethreebuildingblocksthatprovidethefoundationformanypay-for-units-producedin

4、centiveplansare:Establishingthetimerequired…..Determiningwhatshouldbeconsideredanacceptablelevelofperformance…...Establishinganacceptablelevelofpay….6TeamIncentivePlansMostofthevariouskindsofindividualincentiveplansdescribedinourtextcanbeusedinrewardingtheeffortsandcontributionsofte

5、ams.7AggregatingEmployeesForIncentiveOpportunitiesItisnotunusualforexecutivestoreceiveshort-termbonusesequalto50%ofbasepayandforotherseniormanagerstoreceivebonusesequaling25%to50%ofbasepay.Whileshort-termincentiveprogramshavedescendedthroughthemanagementstructure,themajorrecipients

6、continuetobetheseniormanagers.8AggregatingEmployeesForIncentiveOpportunitiesThesizeofthebonuspoolfromwhichmanagementshort-termincentivesaretakenisnormallydeterminedbysomeformofprofitmeasurement.9Themeasuresusedwillvarybyorganizationandtheyarenormallyformuladrivenplanswithoneormoreo

7、fthefollowingcharacteristics:ProfitBeforeTaxesProfitAfterTaxesReturnOnEquityReturnOnInvestedCapitalAggregatingEmployeesForIncentiveOpportunities10AggregatingEmployeesForIncentiveOpportunitiesTheamountofthebonusisnormallyestablishedasapercentageofbasepay.11Organization-WideShort-T

8、ermIncentivesProduc