Commerce Dept. wants to extend bonus program
COLUMBIA, S.C. (AP) - South Carolina's economic development agency wants to continue its incentive pay program for employees.
The Budget and Control Board on Tuesday will consider whether to extend a program to reward staff when the agency meets job creation and capital investment goals. Eligible employees can earn a bonus of up to 10 percent of their salary.
Commerce Secretary Bobby Hitt says the sales incentive pay plan helps recruit, retain and motivate staff.
The agency expects to spend up to $60,000 on the bonuses this year. Nine employees shared $50,000 last year. Eleven employees split $96,000 in 2011.
The department is seeking a three-year extension that the board has repeatedly approved as a pilot program since 1998.
The agency says 10 employees responsible for recruiting industry to South Carolina will be eligible.Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.