Incentive Pay: How to Effectively Link Compensation to Results

recording Incentive Pay: How to Effectively Link Compensation to Results

You Will Learn:

  • How to assess whether you variable plans are successful
  • Types of variable pay plans and how to determine which one is right for your organization
  • Why and how properly designed incentives should increase the value of your business
  • How you can deal with different levels or tiers of employees when creating pay for performance strategies
Access the pre-recorded audio conference
$269.00
 

Most businesses instinctively know there should be a relationship between what they pay employees and how they perform.

Especially key producers. The issue for them is how to do it.  How do they construct incentives and other compensation plans in a way that improves execution, enhances shareholder value and creates the right sense of partnership with employees? What kind of metrics and measures should be considered and how are they balanced between company, department and individual employee performance results?  If these are issues your company deals with, you will not want to miss this webinar broadcast.

This webinar explores how to accurately measure the success your variable pay plans and steps to take if you find that you are paying more for incentives than the gain you are receiving.

Learning Objectives

During this information-packed session you will learn the following:

  • Case studies in variable pay plans that had real performance impact
  • How to assess whether you variable plans are successful
  • Types of variable pay plans and how to determine which one is right for your organization
  • How to effectively communicate and promote variable pay plans to new and existing key performers
  • How to ensure your variable pay plans are “self-financed”
  • Why and how properly designed incentives should increase the value of your business
  • How you can deal with different levels or tiers of employees when creating pay for performance strategies
  • How companies create the right balance between short versus long-term as well as guaranteed versus variable rewards
  • What performance metrics should drive incentives in a pay for performance environment

Product ID: 3077

Discover How to Effectively Link Compensation to Results!

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Faculty

Ken Gibson
Ken Gibson
VisionLink Advisory Group

Ken has been consulting with middle market private and public companies on executive compensation and benefits issues for over 30 years. In addition, he has authored numerous articles and white papers addressing compensation and rewards issues that modern businesses face. Ken also conducts monthly CPE training webinars for CPAs on compensation topics.

Discover How to Effectively Link Compensation to Results!

Order my recording now

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