Here you'll find the shownotes:
https://www.berndgeropp.com/episode008
Variable compensation is often referred to as performance based salary or performance related pay. What is the underlying idea behind it? Does it really work? Well, it depends...
Our Topics today:
- Does performance based bonus work for small companies?
- What are the objectives of performance based payments?
- How compensations structures in big companies look like.
- Objective discussions turn into income negotiations.
- When can bonus systems be useful?
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