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Developing a Profit Sharing Bonus Plan for Key Employees
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Finance & Management > HR Policies & Plans

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Jun 26, 2012
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Job Description

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  • Posted: Tue, Jun 26, 2012
  • Time Left: Closed
  • Location: Anywhere
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  • Start: Immediately
  • Budget: Less than $500
  • Fixed Price Job
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  • U.S. freelancers must have W9
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I need ideas on developing a profit sharing bonus plan for key employees of a 30 store restaurant chain. This will not be a qualified plan nor will it be a form of deferred compensation. Most probably it will be current compensation paid once per year. I am looking to put together a plan with as much flexibility as I can with as much discrimination among key employees as possible. It will reward key employees meeting specific criteria such as increased production in areas under their control.

I would welcome a report by anyone who has tackled this subject previously, and I would also be interested in information that is available on this subject specifically in the restaurant business.

I am not asking for the design of a plan as much as I would like to see examples of cash bonus plan formulas and designs being used now in the restaurant and related businesses. A "broad brush" report would be useful, but specific examples, formulas and ideas would be most helpful. Original r...

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Job ID: 31491992
Proposals
Avg $ | High $ | Low $ — Show Pricing
  • Submit Date (Latest)

 United States  |  
Winner
Business issue consulting from strategy through planning to implementation. I'm a veteran of Booz & Co, the gold standard of global management...
6
  |  
 4.4   |  $2,440 Earnings   |  5 Jobs
Bid ID: 31507032  |  Submitted: Jun 26, 2012 12:20 ET 
Delivery
Within 1 week
$300.00
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