Variable Pay: Is There a Difference Between a Bonus and an Incentive?
Compensation Today
JUNE 30, 2017
PayScale’s 2017 Compensation Best Practices Report (CBPR) revealed that nearly three-quarters of organizations give some type of variable pay. Is there a difference between a bonus and an incentive? Bonuses may or may not be tied to a plan, they may or may not be connected to performance and they are typically backwards in orientation.
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