Case Study
Tuesday, November 25
10:10 AM - 10:35 AM
Live in Berlin
Less Details
In the fast-paced world of retail, designing an effective and motivating bonus program is a continuous challenge. Over the past two years, our company has undergone three major shifts in its bonus program, balancing Management by Objectives (MBO) with Environmental, Social, and Governance (ESG) components. While this process has been time-consuming, it has been essential to aligning incentives with business priorities and employee motivation. This session will provide a behind-the-scenes look at our journey of refining bonus structures, addressing key concerns, risks, and lessons learned. From salesforces and franchises to corporate roles, we cover a wide range of positions with tailored bonus schemes that ensure fairness and effectiveness. We will discuss how our multiplicator scheme rewards employees by linking financial, individual, and company-wide performance goals, and how this model drives engagement and long-term success. Additionally, we will explore how base salaries and variable pay structures create an incentive-driven culture while ensuring employees see tangible financial growth as they reach their goals. Join us to discover how strategic adjustments to reward structures can enhance motivation, productivity, and business outcomes. In this session you will learn
Compensation &Benefit expert with proven over 15 years of experience gained on FMCG and Retail market. Passionate about People Analytics and compensations practices. I’m business oriented and committed team player. Worked in a multi-national environment learned how to navigate in different cultures. In a maze of issues and topics I have the ability to find the proper path and set an action plan. As a manager I’m focused on my team, allowing them to fully use their strengths and convert weaknesses into their advantages. Personally husband and a father of two boys, in free time board games passionate.