Incentives 6

Incentive Plan Design

The foundation of a performance-centered pay strategy is effective value-sharing. Since 1996, VisionLink has built incentive plans for hundreds of companies in virtually every industry.  We know what works..and what doesn't.  We advocate for a value-sharing approach that has a single, overarching philosophy applied towards two separate performance and rewards periods and plans, as illustrated below.  

We design. You succeed.

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Rewarding Annual Performance

Profit-Based Plans

KPI-Based Plans

Hybrid Plans

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Rewarding Long-Term Performance

Stock

Phantom Stock

Profit Pool

Performance Units

Strategic Deferred Compensation

Total Rewards 6

Total Rewards Design

To compete for top talent, your pay offer must be compelling.  And to be compelling it must be complete. VisionLink covers you on both fronts.  Our pay designs help you attract great people and turn them into high performers who are as committed to your company’s success as you are.  We are equipped to handle all aspects of your pay strategy--from market pay assessments to salary grades and incentive plans.  

Complete. Compelling. Competitive. 

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Assessment

Total Rewards Audit

Compensation Gap Analysis

Market Pay Study

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Design

Salary Grades

Short and Long-Term Incentives

Executive Benefits

Total Compensation Structure

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Reinforcement

Incentive Plan Communication and Administration

Pay Branding

Meet our Design Team

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BonusRight is a revolutionary tool engineered by VisionLink that enables you to build, communicate and manage your bonus plan(s) all in one place--simply, effectively and online.  It is the frustration-free  way to design and administer a plan that you will no longer have to "redo" every year because it isn't "working."  This one-of-a-kind software not only makes design easier, it makes your plan more successful.  BonusRight is the new, worry-free way to create and manage a bonus plan that actually works.  

Check it out.

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Implementing BonusRight has allowed me to build a variable compensation plan that I can trust. I am able to easily evaluate multiple scenarios to ensure the plan will be impactful to employees, while staying within my budget guidelines.

Mike Ferletic, CEO

Enterey Life Sciences

Ready To Get Started?

If you would like to speak with one of VisionLink’s pay strategy experts, click on the “Request a Consultation” button below, or call us at (888) 703 0080.

Request a Consultation