Reward School Episode 3: The Fundamentals of Incentives

Welcome to the final episode of Reward School! In Episode 3, we’re exploring the world of incentives – the key to driving performance, rewarding success, and keeping your top talent engaged. Whether you're crafting a simple bonus structure or looking to design long-term plans to align employees with your organisation’s future, this session has you covered.

If you’ve ever wondered how to build an incentive scheme that motivates and delivers results, join us as we break it down step-by-step.

What You’ll Learn:

• Short-Term Incentives: Understand the basics of bonuses, commissions, and recognition programs. We’ll share practical tips to create impactful and fair short-term rewards.

• How to build a bonus scheme: Discover the key elements of a well-designed bonus scheme – from setting measurable goals to balancing transparency with flexibility.

• Long-Term Incentives: Dive into long-term incentive plans (LTIPs), share plans, and equity programs. Learn how these rewards can align employees with the company’s growth and foster long-term commitment.

This episode will leave you with actionable steps to design incentive programs that drive performance, inspire loyalty, and align employee engagement with company goals.