It is important to oversee your incentive compensation programs during this global healthcare crisis and making appropriate adjustments to account for COVID-19. With insights from compensation experts, your company can stay confident in incentivizing employees for their increased dedication where it’s necessary to maintain company stability. Get insights on how to design and adjust your business’s incentive plans to bring back the momentane you have lost over the last couple of months.
Compensation Best Practices
Performance and Compensation, Connected
Performance and compensation are managed as two separate systems, run by two different teams, on two different calendars. Employees don’t see any of that. They see one question: did my work change my pay? When the answer is unclear, the entire performance cycle starts to look like ceremony, and the merit budget behind it gets spread further from where it was actually meant to go.
