Keeping payment systems simple

Abstract

There are a number of variations in payment schemes which companies can apply: a system related to productivity might pay commission, either individual or group. Then there are lump‐sum bonuses and other forms of incentive. David Freestone's conclusion is that there is no perfect remuneration system, but the key must be simplicity, both in understanding and operation.

Citation

Freestone, D. (1983), "Keeping payment systems simple", Retail and Distribution Management, Vol. 11 No. 3, pp. 35-36. https://doi.org/10.1108/eb018189