Leistungsvergütungen
Leistungsvergütungen, often translated as performance-related pay or performance bonuses, are a form of compensation provided to employees based on their individual or collective achievements. These payments are distinct from an employee's base salary and are typically awarded when specific goals or targets are met. The underlying principle is to incentivize employees to perform at a higher level by directly linking a portion of their earnings to demonstrable results.
The types of performance that can trigger Leistungsvergütungen are varied. They can be tied to individual metrics
The design and implementation of Leistungsvergütungen are crucial for their effectiveness. Clear, measurable, achievable, relevant, and
While Leistungsvergütungen can be a powerful tool for motivation and performance enhancement, they also present challenges.