Everyone loves a bonus, whether it’s an unexpected one off or a reward for a job well done. Some companies hand out bonuses on an arbitrary basis depending on their opinion on how particular employees have performed, others pay them on the basis of how much profits the company has made over a period of time. Although not all, a lot of companies create a bonus scheme and do a great job of communicating it to their employees. But why can a bonus scheme be important and how does a company go about setting one up in the first place?

Download: Chris Lang White Paper More Bang for your Bonus