Developing performance-based pay programs and engaging employees
Variable Pay Plans: Incentive
& Retention Schemes
In today’s dynamic business environment, more and more organizations are focusing on variable pay plans based on the performance achievement results. It usually includes annual bonus, profit sharing, sales commission, and operations incentive. For senior executives it also includes long term incentive plan, retention scheme and employees stock options.
By using this tool, we aim to support you in designing the required incentive/ retention scheme(s) which will be tailored specifically for your business. This will help achieve the desired business goals through enhanced employees’ engagement and retention.
Our consultant can help you with:
- Sign on bonus
- Annual performance bonus / short term incentive (STI) scheme
- Sales incentive (commission)
- Operations incentive scheme
- Long term incentives (LTI) for key executive
- Retention plan
- Retention scheme during M&A