What Is Variable Pay and When Should You Use It?

What Is Variable Pay and How Does It Compare to Traditional Pay?

Variable pay is compensation awarded to employees based on their performance. This is a cash incentive to help encourage employees to be productive and achieve ...

What is Variable Compensation? Pros & Cons - Leapsome

For instance, you can use variable pay to reward top performers for outstanding results. That way, your staff will know that you appreciate their contributions ...

Why your employees need you to understand variable pay

Call it incentive compensation, bonuses, or variable pay — it's all a way to motivate employees to meet individual and organizational goals.

What is Variable Pay? | HR Glossary - AIHR

How does variable pay work? ... Variable pay is usually communicated in advance to employees as an incentive or used as a bonus after the fact. It is often paid ...

The Complete Guide on Variable Pay - Incentivate Blog

While variable compensation is usually given as a supplement to an employee's base pay, it can be disbursed as a part of their total salary as well. Variable ...

What Is Variable Pay and When Should You Use It? - Hourly.io

Variable pay is a type of incentive pay that's offered to employees on top of their regular wages or salary when they hit certain goals or milestones.

Variable Pay Options: Why, When, How - Stratus HR

Employers should use variable pay as a tool in reaching ambitious business goals. ... Business goals should be set high enough so that extra effort is needed to ...

List of Variable Pay Expectation Pros and Cons - FutureSense

Variable pay, often referred to as performance-based or incentive pay, is designed to reward employees for achieving specific goals or targets. While it can be ...

Variable Compensation: Types & Best Practices for Variable Pay Plans

Improve productivity and employee performance: By directly linking pay to performance, it can motivate employees to put in their best effort and ...

What is Variable Pay: Types, Calculation, Pros & Cons - Keka

Variable pay is an additional compensation or payment given to employees by companies for exceptional performance or for achieving specific targets. It is ...

How to Use Variable Pay in Your Small Business

Variable pay comprises extra wages that you pay to sales employees when they hit certain performance marks or make more sales. For example, if your sales agents ...

What Does Variable Compensation Mean? - Performio

You give variable pay as bonus programs for completing a job. Thus, bonuses depend on whether or not you finish a task. It also requires you to meet set ...

8 Reasons Why Companies May Benefit From Offering Variable Pay

The ability to supplement one's income through cash awards and other forms of compensation can motivate a candidate to apply for a position, ...

Understanding variable pay & its benefits | peopleHum

Variable pay is compensation given to an employee based on the results of their performance. It is usually offered in addition to the employee's fixed salary.

Variable pay - QuotaPath

This type of pay is often used in addition to base salary, and it can be a valuable tool for motivating employees and rewarding them for their hard work. There ...

What is Variable Compensation in Sales? - Xactly

Variable pay, also referred to as variable compensation, is the portion of compensation determined by employee performance (commonly a commission).

A Comprehensive Guide to Variable Pay: Definition, Types ...

Employers use variable pay to incentivize employee productivity and achievement. It includes bonuses, salary increases, and commissions.

Workplace Perspectives: Pluses and minuses of variable pay

Variable pay is an innovative way to bring wages and salaries in line with companies' market performance. It is really a rather simple concept that's based on ...

What is Variable Compensation? - The Overture Group

It's distinct from a fixed base salary, offering an opportunity for higher earnings tied to individual, team, or company-wide achievements. This ...

A Comprehensive Guide to Variable Compensation - CaptivateIQ

It aligns the sales, customer success, marketing, and other GTM team's financial incentives with organizational goals. In this guide, we'll ...