Incentive-Based Comp: How to Design and Install a Plan that Drives Peak Performance

Incentive-Based Comp Webinar Recording

As the economy begins to improve, it's time to take a hard look at your compensation practices, particularly when it comes to the types of performance incentives your company is offering to the employees you most eagerly wish to retain.

Incentive-based compensation design is a constantly moving target. Top performers need and want their compensation to reflect the market, their stage of career, and most importantly, their performance.

Instead of merely looking over their shoulders at their professional neighbors, the most forward-looking HR professionals are ensuring their incentive programs are accurately aligning with their company’s strategic goals. So what’s working in tying pay to performance? How are successful organizations designing and implementing programs that maximize the effectiveness of payroll expenses?

Participate in this interactive and timely webinar, and you'll learn:

• A systematic method for designing incentive plans that are flexible, affordable, and effective
• How to review and get a thorough understanding of organizational goals, and how compensation fits into them
• Tips for accurately assessing employee priorities, as well as readiness for change
• When to use the team approach in designing plans
• The right questions to ask when reviewing current incentive plans
• How incentives differ between employee groups and how to design plans that work for each
• What top salespeople are looking for now
• When and how to review your incentive plans moving forward
• Key metrics you can use to assess the effectiveness of your incentive plan
• How to craft compelling incentives that won't break your budget

In just 90 minutes, you'll learn effective and legally sound social media e-monitoring methods that respect your employees’ privacy while still keeping your organization productive.

This webinar was recorded on Wednesday, July 18, 2012

Incentive-Based Comp: How to Design and Install a Plan that Drives Peak Performance

About Your Speaker:

Paul R. Dorf is the Managing Director of Compensation Resources, Inc. (CRI), a firm providing comprehensive compensation and Human Resources consulting services including executive compensation, sales compensation, salary administration, performance management and litigation support. He is responsible for directing consulting services in all areas of executive compensation, short and long-term incentives, sales compensation, performance management programs, and salary administration programs. Paul has more than 40 years of HR and compensation experience and has held various executive positions with a number of large corporate organizations and an acute care hospital.