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HR Zone » Conflict & Labour Management » Production based Incentive Scheme specifically for Fabrication Unit

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Production based Incentive Scheme specifically for Fabrication Unit
Shaik
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Posted 31-01-2009Reply

Dear Friends



We are planning introduce a production based incentive scheme for Engineering Fabrication Unit manufacturing of Pressure Vessels / Heat Exchangers and Process Equipments for Higly Skilled,Skilled, Semi - Skilled and unskilled workers.

If any one can provide me a sample incentice scheme with linkage of productivity to amount of Incentive prevailing in a fabrication unit, it will be a great help for me.



Kindly do the needfull.





Regards

Shaik Fareed.M

Hindustan Dorr-Oliver Limited

98841 46016

Rekha
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  Rated 0 | Posted 31-01-2009

Dear Shaik,

Could you ellaborate .......
what you are seeking for ..........
incentive policy or incentive xls file

regds
Rekha

Shaik
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  Rated 0 | Posted 03-02-2009

Dear Shaik,



Could you ellaborate .......

what you are seeking for ..........See Rekha's complete reply


Both Incentive Policy and Incentive xls file


Shaik

Vikram
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  Rated 0 | Posted 17-03-2009

Dear Shaik,

Pl letme know the followings.

1 Are they all workmen ?
2 Are they daily wages base employees ?
3 What type of incentive you want to pay?

My suggestion is link the Production Incentive with the following factors.

1 Total Production capacity of the Plant.
2 Total Production during the month.
3 Total CRDD achieved during the month.
4 Number of Customer Complaints during the month.
5 Base of Incentive of Amount, it may be on the Monthly CTC or basic salary.
6 Total number of days worked during the month.
7 Number of rejections/re work


Before starting any incentive scheme , pl do a brainstormng with the all internal stake holders.


Regards,

vikram singh
9810102421
vikramlamhe@sify.com

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