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| ENCYCLOPEDIA→
Execution Making-it-Happen → -
Human Capital → -
Employee Rewards and Incentives
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Role Differentiation of Rewards & Incentives |
There are various factors based on which an employee gets higher or lower levels of incentives & rewards. One such factor is the role being played by an individual, and the criticality of the role. In today's world as the organization priorities and its money-machine changes, there are some roles, which are more important than the others, and an enterprise needs to invest more into those roles to achieve higher performance and employee retention vis-a-vis other roles. This has nothing to do with an employee's performance within his-her role. Another role based differentiation is the split between salary and bonus. Sales people typically have a higher component of variable pay (bonus) vis-a-vis back-end support people.
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