In other words, incentivation is performance/growth above the norm with measureable results. Your incentive plan must be simple and easy to understand. The plan must be clear to employess with a "what's in it for me" (WIIFM) benefit. It must include all areas that influence a company's performance and growth. Why not contact Whitacre Business Development Specialists to discuss your incentive plans for the future?
Incentive Compensation Planning
Incentive compensation planning must be self-funding, shape employee behavior and improve the financial performance of the company. Webster defines "incentive" as somthing that incites or is likely to incite a particular action.