WISE #302 Mastering Incentive Compensation
Thinking about creating or updating your incentive compensation program (ICP)? In this leadership workshop, attendees will learn how to think through and develop or enhance an ICP for team members to encourage them towards behavior that will drive the business needs.
Description
Thinking about creating or updating your incentive compensation program (ICP)? In this leadership workshop, attendees will learn how to think through and develop or enhance a ICP for team members to encourage them towards behavior that will drive the business needs.
In this workshop, attendees will:
- Understand open-book management and how to Leverage it
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Learn how to tie Key Performance Indicators (KPIs) to incentives & link pay to results
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ICP that motivates AND pays for itself
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How to develop a plan