This work program reviews the executive bonus program of an organization.
Sample questions considered during the review include: How was the executive bonus program decided upon and documented? Does formal documentation of the executive bonus program exist? How was the bonus program communicated to executives? Who keeps the final copy of the bonus calculations? How is version control assured? Who approves the final calculations of the executive bonuses? How are bonuses paid? Are they included in the employees regular paycheck or is a separate check issued? Who enters the bonus information into the payroll/accounts payable module?