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This software is a powerful tool that enables organizations to manage their entire compensation cycle, including salary structures, bonuses, and incentives. Compensation management is an essential part of any business that aims to attract, retain, and motivate talented employees.
The difficult issue is determining the reason for clawing back compensation (i.e., was it the result of “fault” or criminal conduct or an accounting mistake) and determining the executive’s “culpability” in securing unjustified compensation.
In this blog, we'll talk about the benefits of bonus programs, the types of incentives you can offer, and key aspects to keep in mind while designing an employee bonus program. Let's dive in and see how the right incentives can improve your sales performance! What is an employee bonus program?
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