In a stalled economy, compensation plans can become the enemies of cash flow. They offset revenue, which is harder and harder to come by as business shrinks. At the same time, you can’t afford not to incentivize value creation—because you need your people to be more productive and innovative than ever.
So, what do you do?
Ideally, you adopt a pay approach that simultaneously rewards performance and lowers the company’s compensation expense. You look for the cash flow equivalent of “having your cake and eating it too.” Nice theory, but does such a thing exist?
It does—and in this broadcast we will teach you about it. Whether you like cake or not, you should watch this presentation.
During this presentation, you will learn: