Information Requested: An ICBE member company would like to know how other companies operate Productivity Bonus Schemes. For example, is it based on productivity OR is it team based involving the team working on a production line etc. The member company would like to know how other companies operate their schemes – what are the requirements/parameters of their scheme
Objective: The main objective is to review the options for paying productivity bonuses to employees paid by the hour.
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From: firstname.lastname@example.org [mailto:email@example.com] Subject: RE: ICBE Call For Support – Productivity Bonus Scheme
Yes we implemented a similar structure last year with Union agreement. Feel free to pass my details along.
Country HR Manager Cargotec Ireland Ardee Road, Dundalk. County Louth. IRELAND
Phone: +353 (0) 42 93 59526, Mobile: +353 (0) 87 1333 250 firstname.lastname@example.org
From: David Taylor [mailto:email@example.com] Subject: RE: ICBE Call For Support – Productivity Bonus Scheme
We have a productivity bonus and if the member contacts me I can give them the information they may need
From: Pauline Gillespie [mailto:firstname.lastname@example.org] Subject: RE: ICBE Call For Support – Productivity Bonus Scheme
We do not differentiate between hourly paid and salaried employees. We have one Bonus Scheme for all employees.
- It is Based on performance at Plant, Team and Individual Level – KPI’s are identified at the start of each year for Plant and Team
- The range is 0 -15%
- Performance Related and is an element which is based on Individuals performance
- The options employees may avail of to take the AIP are – Cash, AVC’s and Shares
- Revenue approved share participation scheme
- Paid out in March each year
From: Kate O’Donoghue [mailto:KODonoghue@bimeda.com] Subject: RE: ICBE Call For Support – Productivity Bonus Scheme
Hi Grainne , I would also be interested in the responses to this question if possible .
From:BTurley [mailto:email@example.com] Subject: RE: ICBE Call For Support – Productivity Bonus Scheme
HI Grainne. I would be interested in the results of this, it is something we are looking at trying to put in place
From: Regina O’Keeffe [mailto:firstname.lastname@example.org] Subject: RE: ICBE Call For Support – Productivity Bonus Scheme
We are currently looking at a Productivity Bonus and would be interested in any information on below.
Senior HR Generalist