Key considerations when developing a bonus and incentive scheme

After 2 years of unprecedented pay awards, 2025 looks set to be equally challenging as employers attempt to balance affordability and employee expectations. Employers are increasingly looking to do more with less - bolstering their benefits offering and reviewing their bonus and incentive schemes to maximise performance and employee engagement.

If, like many, you are looking to introduce or strengthen your bonus and incentive offering, join us for our next webinar.

In this insightful session, Paydata's lead reward consultant, Joe Price, will guide you through the key elements to consider when developing a bonus scheme, exploring:

1. Introduction to bonus scheme design
2. When a bonus scheme is appropriate (and when it’s not)
3. Bonus scheme design decisions
4. Communicating the bonus scheme
5. Reviewing and updating the bonus scheme