Why Isn’t Your Bonus Plan Working?
|10/25/2016||9:00 a.m.-10:00 a.m. PDT||Online||Free|
If your bonus plan is underwhelming, your results will be too.
Most business leaders struggle with how to design a bonus plan that actually “works.” In far too many cases, the company's annual incentive program has become an albatross to business leaders and an unappreciated entitlement to employees.
Well, let's solve this problem shall we? Tune in to VisionLink's upcoming webinar and learn how to design a bonus program that will transform your employees into high-performance contributors while making everyone a fan of the plan.
In this presentation, you will learn:
- The fundamental core reason why most incentive plans fail
- What types of incentive structures are effective and when to utilize them
- How to structure a more effective company-wide incentive plan that generates results instead of just cost
- Why smart incentive planning creates synergistic ways of achieving company goals
- How to communicate your plan as part of a meaningful total value proposition
- Why you shouldn’t call your annual incentive a “bonus” plan (we’ll tell you what to call it)
- How a new online tool can make designing, communicating and managing your incentive plan easier and more effective