6/11/2009 1:44:00 PM
New Carphone Warehouse manager incentive scheme unveiled
Carphone Warehouse is to implement a new three year manager incentive scheme based on profits targets to improve store efficiency.
Retail staff and managers were informed of the new scheme in an email bulletin and in manager meetings recently, but a launch date has not been set.
Points can be earned for year on year profit improvements as well as ?for other incentives, such as staying within budget for electricity.
The scheme means managers will be able to earn points over a three year period, which can be swapped for a cash bonus at the end of the period.
Carphone said the incentive was designed to ‘attract and retain great managers’ while improving value for its shareholders.