bonus-malus
Sign in to saveThe term bonus–malus (Latin for 'good-bad') is used for a number of business arrangements which alternately reward (bonus) or penalize (malus). It is used, for example, in the call center and insurance industries.
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Encyclopedic overview
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- Call centers
- Insurance
- Automobile insurance
- Bonus hunger
- Executive compensation
- French insurance price calculation
- French taxation
- French registration document (carte grise)
- References
The term bonus–malus (Latin for 'good-bad') is used for a number of business arrangements which alternately reward (bonus) or penalize (malus). It is used, for example, in the call center and insurance industries.
== Call centers == In call centers, a bonus–malus arrangement is a section in the contract between the company buying the call center services (buyer) and the company providing the call center services (call center) allowing for a payment to be made from one company to the other. As part of the contract, both companies agree on a set of Key Performance Indicators (KPIs). These are measurements for how the call center is performing. If the call center is performing poorly, then there would be a malus payment (payment from the call center company to the buyer). If the call center is doing well, then there is a bonus payment from the buyer to the call center company. Bonus–malus payments are in addition to the normal cost of call center services.
Excerpted from Wikipedia’s “bonus-malus” article, available under the CC BY-SA 4.0 licence.