INCENTIVE PLANS | Drive desired behaviors and outcomes

  • Has incentive pay become an entitlement?
  • Are you trying to get people to work together as a team, but the current incentive plan drives a ‘silo mentality’?
  • Does your organization have a profit-sharing plan, but no one understands what they can do to impact profitability?
  • Is executive pay all about keeping score and delivering compensation, rather than focusing and motivating executives to perform at a higher level?
  • Have base pay increases have become too expensive and you need to start rewarding the achievement of annual goals with variable pay, not salary increases?
  • Do you have difficulty determining which performance measures to include in the incentive plan?

How We Can Help

  • Evaluate current state of incentive plans, competitive positioning, and overall strengths and weaknesses
  • Design new incentive plans focusing on roles, desired behaviors, and business performance using a collaborative process
  • Ensure a connection between employee efforts and profit sharing payouts
  • Develop plan communication tactics that promote clear understanding and strong performance
  • Develop annual bonus metrics aligned to strategic business goals
  • Develop spot awards to recognize special contributions, as they occur
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