Many recruiters believe that the smaller your operation, the less bonus payments play a part in keeping people. With many of Australia’s biggest companies towards cutting bonuses altogether.
Ben Watts, director at wattsnext said “Keeping people is more about time off, flexible work environments, the other things that motivate staff to come to work.”
The key behind any kind of extra benefits is clarity … ensuring that an individuals’ role as well as their bonus is clearly defined within their contract.
Read the original article on SmartCompany here.