Strategic
compensation program development — based on business strategy
and the unique characteristics of different employee groups —
focuses on three areas:
Management
and Team-based Incentive Plans
- Integrate
business strategies and corporate culture to reflect competitive
advantage
- Reinforce
profitability, quality and customer service goals by linking
rewards to company performance.
Executive
Incentive Plans
- Develop
“results only” incentive strategies that align with corporate
strategies.
- Establish
competitive base salary and incentive objectives that withstand
shareholder scrutiny.
Sales
Compensation Plans
- Design
leveraged incentive plans that link revenue results with rewards.
- Establish
financial rewards that reinforce customer and employee satisfaction.
- Ensure
that all plans are cost effective and sustain desired profit
margins.
