C12: Variable Pay - Improving Performance with Variable Pay

  • October 24, 2018
  • 8:00 AM
  • October 25, 2018
  • 5:00 PM
  • Embassy Suites - Stay at Embassy Richmond! 2925 Emerywood Pkwy, Richmond, VA.

Designing for Results

      

This course presents the fundamentals of variable pay. The course focuses on compensation strategy and variable pay, definitions and the design and implementation of incentive, recognition and bonus plans.

  • Learn about the three categories of variable pay.
  • Identify common business strategies and objectives for achieving them.
  • Examine internal and external factors affecting variable pay plans.
  • Discuss the activities for designing the structure of the plan.
  • Find out aspects to consider in establishing target performance and payouts.
  • Learn about funding and distribution of plan earnings.
  • Discover how to implement, communicate and evaluate the success of your plan.

 

     

 

     


 

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P.O. Box 5931, Midlothian VA 23112
Email: info@richcomp.org