Collective bonus schemes

Collective bonus schemes

These are intended to create collective effort. They are effective only in certain circumstances.
(a) Where the group is small, say 10 or 15 in number
(b) When the group gets on with each other and work as a team.
(c) When the group has some control over the replacement of members who leave.
( d ) When the bonus is calculated and paid out without delay.

These schemes are based on such factors as production output measured in points (Priestman’s production bonus), reduced labour cost (Towne gain sharing method), or reduced production costs, already referred to.

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