Milestone bonus – HRSINGAPORE

QUESTION

Dear HR Community,

I have a question about milestone bonuses.

This type of bonus is usually given when a manager completes a project on time and well.

It is also referred to as a project bonus.

My questions are

1. Does your organisation provide compensation like milestone bonuses?

2. How do you implement such an incentive plan?

We are in the healthcare industry.

Thank you and best regards
Claire

HR Poll: Does your organisation provide compensation like milestone bonuses?

Yes: 7.69%

No: 92.31%

REPLIES & COMMENTS

Hi Claire,

This is offered in the construction sectors because of the nature of the project work and temperament of the workers there. The same rationale does not apply to healthcare.

Regards,

HK

HRSINGAPORE | HR Community Message | Milestone bonus

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