Hint: It’s Not About More Metrics

Watch Recording:

Can we all agree we won’t miss 2020? Can we likewise agree there’s no time for looking back? We must move forward with a goal not just to survive but to thrive.

So, how do you do that? Well…

This year, you need to meet or exceed all your targets. This year, you need your revenue engine firing on all cylinders. This year, your people need to step up and get results. This year, you need your employees to become growth partners. This year, you need to make up for lost time…and then some. This…is an important year.

So how can rewards help you do that? More specifically, what role should incentive compensation have this year? It is more or less important than it was before?

We will address these and many more questions in this webcast. 

Watch this webcast to learn:

  • Why your incentive plans must be tied to value creation.
  • How to increase performance rewards but decrease their impact on cash flow.
  • Why a clear pay philosophy is key to creating a unified financial vision for growing the business.
  • How to strike the right balance between guaranteed compensation (salaries) and variable pay (incentives).
  • Why you must reward both short and long-term performance.
  • How to pick the right metrics for your incentive plans.
  • How to build a value-sharing approach that pays for itself. (Yes, you read that correctly.)

VisionLink has been developing successful value-sharing plans for companies in a wide range of industries for over 20 years. We have advised hundreds of business leaders on rewards issues in both good and bad economies.

We know what works. In this broadcast, we plan to share what we’ve learned with you.