%0 Journal Article
%T Current practice with regard to short-term incentive schemes for middle managers
%A Chrisilla Grigoiadis
%A Mark Bussin
%J South African Journal of Human Resource Management
%D 2007
%I AOSIS OpenJournals
%R 10.4102/sajhrm.v5i1.107
%X This study aimed to determine what the current practice is with regard to short-term incentive schemes for middle managers. This was done by means of a quantitative study through a structured research survey completed by a sample of forty-eight organisations. The design elements, performance measures and payout practices of the various schemes in use were surveyed, as well as the participants¡¯ view on the perceived effectiveness of their short-term incentive schemes. Evidence shows that the majority of organisations have a short-term incentive scheme in place for middle managers, and that the type of scheme used in most of the organisations is a performance-related bonus scheme, introduced mainly to drive business performance and reward superior performance.
%K Incentives schemes
%K scheme effectiveness
%K middle management
%U http://www.sajhrm.co.za/index.php/sajhrm/article/view/107