TITLE

M&S targets key workers

PUB. DATE
July 2005
SOURCE
Employee Benefits;Jul2005, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on Marks and Spencer Group PLC which is to launch new incentive schemes for 400 key staff aimed at boosting short-term growth. The retailer is introducing a new bonus scheme and a revamped performance share plan for senior executives and is looking to tone down its long term focus for a short term plan. The bonus scheme is based on profit before tax and offers up to 150% of base salary, up from 100% previously, provided the firm hits strict undisclosed targets.
ACCESSION #
18339307

 

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