salary plus bonus model
The "salary plus bonus model" is a compensation structure where employees receive a fixed base salary along with additional financial incentives, known as bonuses. These bonuses are typically tied to individual performance, company performance, or specific goals, encouraging employees to excel in their roles.
This model is commonly used in various industries, including finance, sales, and technology. It aims to motivate employees by rewarding them for their contributions, fostering a sense of ownership and alignment with the company's objectives. Overall, it can enhance job satisfaction and drive productivity.