How Employee Incentive Programs Can Benefit from Behavioral Economics

HR Daily Advisor

He was tasked with coming up with a new incentive plan for employees—particularly its sales reps—that aligned with the company’s new corporate strategy, Brewer explained to an audience at WorldatWork’s Total Rewards 2017 conference in Washington D.C.

Cafe Classic: Driving Your Compensation Programs in Reverse

Compensation Cafe

We think it’s OK and want to fix our bonus program by the end of this year. Next, I ask about their goals or philosophy for compensation and the integration with corporate strategy and goals. Editor's Note: Ever feel like things are a little backward pay program wise?

King Tut’s Beard

Compensation Cafe

I have seen many broken incentive plans similarly repaired. Incentive plans are tightly linked to the success of the company. Dan Walter is the President and CEO of Performensation a firm committed to aligning pay with corporate strategy and culture.

What Do You Do?

Compensation Cafe

They may need help on problems with salaries, bonuses or a certain benefit. The primary role of a comp professional is to ensure the right mix of rewards to attract, retain and motivate people to execute its business strategy.