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Setting appropriate, motivational, targets and eliminating the counter-productive effects which traditional target-actual bonus systems produce is a perennial problem for companies. PBB has developed a solution to this problem using a set of Gauss curves that generates congruent incentives and establishes a “win-win” relationship between a company and its operatives. A major advantage of this calculation process is that it encourages participants to commit to ambitious yet realistic targets, removing inherent conflict from the budgeting process and facilitating constructive discussion on concrete action plans. |
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The “Decliner” provides a solution to the problem of sharing a global target for a future period amongst a large population, introducing scientific methodologies to ensure that each individual is assigned an equitable share of the overall target. The generation of precise, fair, targets ensures employee motivation and creates a level playing field where companies can accurately reward individual performance and assess individual performance relative to others. |
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The shape of the bonus progression curve is critical, determining motivation at an individual level as well as the total bonus allocation and how it is split amongst scheme participants. The ‘Curver' is a software tool that makes it easy to define curves simply by drawing them, with mathematical equations instantly calculated and stored for future reference. No more mathematical headaches! |
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The “Bonus Manager” is a complete bonus plan management and administration software programme. Modular and flexible, it integrates all the rules necessary for any bonus calculation in the form of simple parameters. Universal in its application, it models any type of bonus scheme with any type of performance criteria. 100% reliable, all calculations are illustrated graphically for ease of comprehension and communication, allowing scheme participants to view their performance against target in real time and simulate “what if” scenarios. |
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A simple bonus simulation tool, the “Calculator” is designed for use by bonus scheme participants, facilitating familiarity with scheme architecture and promoting full appreciation of strategic priorities. The participant can verify the reliability of his or her bonus calculations and simulate the sensitivity of bonus rewards to different realized values. |
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