Incentive pay can take many forms:
· Annual bonus programs for employees, managers and/or executives
· Long-term incentive plans for managers and/or executives
· Sales incentive programs
· Profit sharing plans
· Project bonus plans
· Spot awards
· and more…
We’ll work with you to design a new incentive plan that aligns with your compensation philosophy, is market competitive, and drives the business results you want.
We can also assess an existing incentive plan and provide feedback and recommendations to make it better.
Communicating changes to an existing plan or rolling out a new one can be complicated. We can help with that, too.