Reward Strategy Centralized on Performance Outcomes
The European Beekeeping Association (EBA) has announced a new performance-based incentive for securing sponsorships, effective from July 1, 2025. This incentive aims to encourage and reward individuals or entities who successfully secure signed sponsorship agreements on behalf of the EBA.
According to the details, the bonus will equate to 10% of the net total sponsorship value. To be eligible, one must have successfully secured a signed sponsorship agreement on or after July 1, 2025. The bonus will be disbursed after the full sponsorship amount has been received by the EBA's designated website or platform.
This incentive is specifically designed to reinforce the importance of securing financial support for the EBA's mission and programs. It is not limited to a one-time payment but is tied to each secured sponsorship. The bonus will be paid net, without any taxes or deductions.
It is essential to note that this incentive applies exclusively to finalized and duly signed sponsorship contracts. The EBA's Executive Board made this decision during a meeting held on July 11, 2025, and it serves as an extension of a performance-based incentive passed at the same meeting.
This bonus is not a new policy but an extension of the existing performance-based incentive. It is also important to mention that the bonus is not applicable to any other agreements aside from sponsorship contracts.
In conclusion, the European Beekeeping Association's new performance-based sponsorship bonus is a significant step towards encouraging active financial support-seeking for the EBA's mission and programs. The incentive is a clear demonstration of the EBA's commitment to recognising and motivating those who contribute to its financial stability and success.
- The European Beekeeping Association's new performance-based bonus is designed to reinforce financial support for the EBA's mission and programs, and it is not limited to a one-time payment but is tied to each secured sponsorship.
- This incentive is a significant step towards encouraging active financial support-seeking for the EBA, and it is a clear demonstration of the EBA's commitment to recognizing and motivating those who contribute to its financial stability and success.
