The 5 Commandments of Bonus Programs
Essential characteristics of an effective bonus system.
Make Sure You Get It Right
Designed or managed poorly, bonus plans waste everyone's time and energy; they undermine management's credibility; and they increase costs.
So, while the usefulness of bonus systems is obvious, the complex people issues involved keeps most contractors from implementing successful ones. That or they have a broken job costing system that makes an effective bonus plan impossible.
Ron Roberts, The Contractor's Business Coach, teaches contractors how to turn their business into a profit spewing machine. To receive Ron's FREE Contractor Best Practices Newsletter visit www.FilthyRichContractor.com.
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