Firstly, we must agreed that the Performance Bonuses System and
Flexible Wages System are good system introduced by our
government.
We come into the structure of any normal
companies (discarded those non conformed) .
Assume 85 % will be likely to be formed by non executives
Assume 10 % lower and middle management
Assume 5% top management.
I think will be very close, anyway this is only an practicable
example.
The non executives and few lower management will be likely to be
the ground peoples doing most of the daily work. (can be long
hours, say hotel will be 8 - 12 hours depending). Hence, if you see
a hotel employee with face "black black". that does not say that
she is non performer, maybe she just overworked and not enough
rest.
While a top management that smile to you is a performer, maybe his
job is just to smile. (who knows)
Middle management will likely to be involved in planning with top
management running the company.
Look at my earlier posting, you will noticed that I never included
the top management inside this performance bonus scheme.
Saying a company with this kind of system (typical 6 month bonus
type)
Outstanding - 5% - 6 months
Very Good - 15% - 4 months
Good - 50% - 2 months
Satisfactory - 30% - 1 month
The executive and non executive can be separated. (Look fair to
all, also can mix) Remember to exclude the top management.
The middle exec to the lowest of non executives can be accessed by
their supervisors and appraised accordingly (hopefully
fairness)..
The top management will just simply have to follow the lowest 30%
of the system. Instead of the current practise of giving themselves
high performance bonus themselve.
Why, it's no the fault of those that falled inside the satisfactory
performance level. It can be stated that the top management had
failed to guide their staff's performance to improve only!! If
their lowest performance staff had improved together with company's
financial performance, the amount payable can be adjusted up for
them. Wouldn't you think this is a better and fairer system for the
employee..
