Money talks. Based on this principle, the Department of Justice is implementing new efforts to tie employees' compensation to compliance to confront corporate corruption with a clear focus: no company ...
We are big fans of incentive compensation for two reasons: First, a well-designed system can motivate employees to deliver the performance you want. Related: The Wells Fargo Lesson? You Need Smart ...
Many hospitals and health systems are reconfiguring executive incentive pay amid heightened scrutiny on executive pay and evolving performance metrics, according to SullivanCotter. Incentive pay ...
Bonnie J. Roe of Cohen & Gresser writes: In general, the Volcker Rule takes a principles-based approach in identifying prohibited activities. While this approach may provide needed flexibility to ...
To continue a theme I introduced in my last column, the compensation structures for public pension professionals will need a tune-up if we expect them to deliver superior investment returns. The first ...
Hospital and health system executive compensation is affected by several factors in the healthcare industry, including a greater focus on quality and patient satisfaction, as well as consumers’ ...
QUESTION: I own a small business with about 10 employees. I have always paid my employees a salary or an hourly wage depending on whether the job is exempt or non-exempt, but I’m considering ...
Ask Doug & Polly: Incentive compensation programs are powerful motivators, but carefully design them
QUESTION: I run a small business and want to develop an incentive compensation plan for my salesperson. His goal is to sell $100,000 per month and earn a base salary of $60,000. In months where he ...
TORONTO, July 21, 2010 /PRNewswire/ — The leading innovator in incentive compensation (ICM) and salesperformance management (SPM) solutions, Varicent Software Incorporated,announced today a successful ...
There are incentives that go beyond compensation. The possibility of promotion or expanded responsibility can be a strong incentive. The desire for continued employment can also be a motivator. The ...
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