Company incentive systems are the most effective method of motivating employees to perform better. They only work, however, if the company has a transparent goal system from which operational, individual and team objectives can be derived. zeb/ supports banks in the process of defining strategic targets and bonuses. This ensures that the banks' salary systems are in line with economic and internal frameworks.
zeb/ incentive system helps you to establish an effective motivation system on the basis of a strategic evaluation of your employees' performance. By enabling your employees and managers to share in your company's profits, you achieve improvements in the entire workforce's performance. The stronger performance orientation is reflected in your operating result, and you are able to achieve the precise objectives that are essential for your organization's success.
An overview of our approach:
- First of all, we establish a goal system that is in line with your business strategy. We then derive objectives for specific departments, individuals or teams from your overall objective.
- When we have defined and described the individual targets, the overall target and the means of measuring target achievement, we define the amount and form of bonuses to be granted, and how they are to be distributed.
- In the concept development phase, we make simulation calculations. They enable us to realistically assess the impact of the planned bonuses on employee performance.