Incentive Plans: A Blueprint for Successful Design - 1.50 CPE Credits September 13, 2011

80% of U.S. organizations use incentive compensation below the executive level -- at an average cost of over 10% of payroll. Yet, when asked whether incentive plans meet their intended objectives, executives often respond with "I don't know" or "No." Critique incentive plans in your organization and ensure they effectively drive business performance using a tried-and-true blueprint.

Leave this session able to:
Identify common types of incentive plans - e.g., cash profit sharing, business incentives, commission plans - and how they differ.

Outline necessary components of an incentive plan - such as funding, eligibility, goals and measures, targets, etc.

Explain critical factors that drive a successful incentive plan design and implementation.

About the Presenter
Margaret Bentson, CCP, is a Principal with CompAnalysis, specializing in compensation consulting. Prior to joining CompAnalysis, Ms. Bentson was a Principal with Hewitt Associates, most recently based in the firm's San Francisco office, where she consulted with clients and managed a staff of compensation consultants. She has over 25 years of compensation consulting experience and a wide range of expertise working with large, mid-sized and start-up organizations in manufacturing, retail, high technology, energy, biotechnology, consumer products, financial services, telecommunications, higher education, healthcare and the nonprofit sector.

Official Website: http://www.nchra.org