How to Reward Performance in the New Economy

Watch Recording:

Chances are, you think differently about compensation now than you did a few months ago. Let’s face it, COVID-19 made us think differently about a lot of things, did it not? And although you’ve survived the crisis so far, you recognize your pay strategy going forward probably needs to change.

But change how? Exactly what should be different?

This broadcast was created to help you answer that question. We recognize business leaders like you are struggling to determine how you can effectively reward performance in the new economy without creating the same financial vulnerabilities you’ve just lived through. We can think we can help.

For over 20 years, VisionLink has designed compensation strategies for companies in every conceivable kind of economy. We have worked with hundreds of businesses, testing, measuring, refining and improving the way employee performance is rewarded. We know what works and plan to share what we’ve learned in this webcast.

So, if you are trying to envision what your company’s future pay strategy will be, you should plan to watch this recorded event.

During this presentation, you will learn:

  • How to create a pay philosophy for an uncertain economy.
  • How to increase performance rewards but decrease their cash flow impact.
  • How to create a pay approach that is agile and flexible but also stable and enduring.
  • How to replace incentives with value-sharing that improves your P&L.
  • How to balance rewards for short versus long-term performance.
  • How to ensure your pay strategy supports your business model.