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Defining Joining and Stay Bonus

March 19, 2014 07:12 AM 1
Total Posts: 28
Join Date: May 17, 2009
Rank: Executive
Post Date: January 1, 1970
Posts: 28
Location: India

Defining Joining and Stay Bonus

Dear professionals,

Most of us have gone through phases of extending offers/retaining performers by way of extending joining/stay bonuses. Although, there is always an ad-hoc way to determining these bonuses, can someone suggest an industry practice that is relevant, based on certain parameters that helps to practically define these bonus amounts?

Look forward to insights from this group.

Thanks

Shaili