Pay for Performance,Incentive Rewards

Contents                                                  

  • Strategic Reasons for Incentive Plans
  • Types of Incentive Plans
  • Incentive Plans as Links to Organizational Objectives
  • Advantages of Incentive Pay Programs
  • Employee Opposition to Incentive Plans
  • Successful Incentive Plans
  • Assessing Incentive Program Effectiveness
  • Setting Performance Measures—The Keys
  • Effective Incentive Plan Administration
  • Individual Incentive Plans
  • Computing the Piece Rate
  • Individual Incentive Plans
  • Bonuses
  • Merit Pay
  • Incentive Awards and Recognition
  • Sales Incentives
  • Incentive Plans for Salespersons
  • Incentives for Professional Employees
  • Executive Compensation
  • Executive Compensation Employee Bonus and Gainsharing Plans
    • Scanlon Plan Suggestion Process
    • Profit Sharing
    • Employee Stock Ownership Plans (ESOPs)
  • Employee Stock Ownership Plans