A Systematic Approach to Developing a Variable Compensation Plan - The Over-Arching Issues You Need to Know

PDF-file by Tom Lynch

A Systematic Approach to Developing a Variable Compensation Plan - The Over-Arching Issues You Need to Know PDF ebook download This 8-page research report written for upper management features recent trends in employment compensation. Using a surfing analogy to break down the variable plan process, the report presents the key characteristics of a variable pay plan as well as the steps for designing one. The authors also cover key elements, such as attainable goals and effective teams, for a variable incentive program to be successful. Shortcomings of other employee compensation programs and the long-term benefits of a variable compensation plan are also evaluated. Other topics include cross functional teams; measuring, tracking, and communicating performance results; communication; compensation components; benefits and stock options; variable cash incentive plans; health care costs; corporate scandals; stock option expensing; stock dilution; and a flat stock market.

eBook A Systematic Approach to Developing a Variable Compensation Plan - The Over-Arching Issues You Need to Know

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