Sessions
Concurrent Session
Effective Incentive Plan Design
278-282
Monday 06/19/2017 10:45 AM - 12:00 PM
1.25 SHRM PDCs
| Competencies: Consultation, Critical Evaluation
| Intended Audience: Mid-Level
Workplace Application:
This session will help you understand why and how to implement effective incentive plans for employees at all levels within your organization.
Research shows that more and more organizations are relying on incentive plans to reward performance and top performers. Is your organization taking advantage of this opportunity? If not, join for this session to learn about smart incentive plan design that has an impact on driving performance and meeting business objectives. This session is intended to provide the basic framework for good incentive plan design and will review real-world examples of incentives at various organization with different industries. You'll leave this session feeling more prepared to build and update incentive plans in your organization. You will learn:
- The foundation and principles of good incentive plan design.
- How to design incentive plans that link directly back to your organization’s strategic goals.
- How to identify incentive plans that will be effective within your organization.
