Samsung Electronics has implemented the Overall Performance Incentive (OPI) reward system for over 20 years. In response to employee demands and to retain talent, the company is reportedly planning a ...

General Motors is changing its performance rating system for white-collar workers by expanding the performance rating scale, setting better-defined targets and pushing managers to identify a targeted ...

Warnings against using bonus systems to motivate performance abound. From corporate scandals caused by incentives to reports about how the financial uncertainty they cause can impact mental health, ...

Performance bonuses are a weapon for companies to retain talent and, for workers, sometimes an income as important as annual salary. However, the Supreme Court’s rulings late last month on whether ...

SAP faces internal turmoil over a new bonus system favouring underperforming managers over diligent staff. This has sparked team conflicts and questions about fairness amid restructuring. Employee ...

Many companies give performance-based bonuses to individuals or teams based on specific achievements and milestones. These bonuses come in addition to the employee’s base salary or hourly wage as an ...