How to Create an Incentive Plan that Pays for Itself

What if the employee incentive plan you offer didn’t really cost your company anything?  How much value would you share?  In theory, if it didn’t really cost you anything, the amount you could share would be unlimited, right?  So, what’s the catch?  Is there actually such a thing as incentive compensation that pays for itself?

There really is no catch.  You could start a self-financing incentive plan today if you just knew the steps to take.  And that’s the purpose of this webinar.  We want to teach you how to reward performance in a way that drives a positive ROI on your compensation investment, and eliminates the “cost” associated with traditional approaches.  So, stop wasting money on incentive plans that are a drain on cash flow and profits.  

In this presentation, you will learn:

• What it means to create a “self-financing” incentive plan.
• How to calculate your “productivity” profit and why you should be tracking this business metric.
• How to balance rewards for short versus long-term performance.
• What it means to have a “wealth multiplier” pay philosophy and why you should adopt one.
• Why you do not need to limit the earnings potential of your employees…and shouldn’t.
• How to determine the ROI on your compensation investment.
• The difference between paying incentives and sharing value.