Make the Transition to Value-Sharing

Watch Recording:

It is time to get rid of that bonus plan you have reinvented five times in the last six years. More metrics is not the answer. A different payout schedule isn’t going to change anything. You just need to let it go. Incentive plans have become unappreciated, ineffective and economically indefensible. In today’s business environment, your focus should be on value-sharing. To learn how to transition from paying incentives to sharing value—and why it matters—watch our on-demand broadcast.

In this presentation you will learn:

  • The difference between incentives and value-sharing.
  • Why value-sharing doesn’t really cost shareholders anything.
  • What productivity profit is and why it is important to your rewards strategy.
  • The core metric to which all value-sharing should be tied.
  • When and how to reward individual, team or department performance.
  • How to measure the success of your value-sharing plan.
  • How to strike the right balance between salaries and value-sharing.