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February 11th 2019

Member Query – Bonus Pool Calculations

  • Tags
  • Performance
  • Pay for Performance
  • Systems
  • Reward Values
  • Financial Planning

In this member query, a member asks the following questions relating to the start point methodology for Bonus Pool Calculations. These questions are mainly relevant to organisations operating in financial services, however, the member welcomes responses from other organisations who adopt similar approaches to Organisation-Wide Bonus Systems. The questions are as follows:

1. Which methodology do you use to determine your firm-wide bonus pool start point?
2. If you use an on-target model approach to determine your bonus pool start point, which levers do you use to overlay factors such as individual performance, % population receiving award, % of maximum opportunity paid?
3. If you use a performance distribution curve, which type do you use? - Normal distribution, or tailored to business or entity?

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If you are not a member of the PARC network and are interested in membership please contact Richard Hargreaves, Commercial Director, on +44 (0) 20 3457 2630 or at richard@parcentre.co.uk.

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April 8th 2019

Member Query - Distribution of Performance Ratings

In this member request, a member is reviewing their distribution of performance ratings and wish to know whether companies use a communicated mechanism to differentiate performance.

  • Tags
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September 7th 2017

Member Query - Restricted Stock

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  • Tags
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January 17th 2019

Member Query - Performance Management

As part of their overall approach to Performance Management, a member requested whether PARC members were able to outline their broad principles that they apply in certain areas within their organisation.

  • Tags
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May 22nd 2012

Alignment of Reward and Talent Management - May 2012

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  • Tags
  • Performance
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January 29th 2016

Improving Organisation Performance - A systems approach

Performance means different things to different commentators. Even when the focus is on the contribution that people make to the collective context, the words ‘performance management’ are all too often narrowly interpreted as a particular kind of personnel control system.

  • Tags
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June 27th 2016

Post-Meeting Review Notes: The Changing Performance and Remuneration Landscape – a glance in the rear view mirror

The cyclical nature of Performance and Reward activities, the need to deal with the next deadline or respond to the next damaging headline often detracts from time available to reflect on what might be coming along in the future.

  • Tags
  • Performance
  • Performance Management
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