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| Incentive
Compensation
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Organization
Objectives - Review
the recent financial performance of the organization, the
budget and any strategic planning material that has been
developed.
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Two Incentive Compensation Plans - Design an incentive compensation plan for senior management and an
incentive compensation plan for middle management and
support staff. The
format for each plan will focus on attainment of both
individual and organization objectives.
Each plan will be designed to share a portion of
the unbudgeted profits with staff members in proportion to
the degree to which they achieve their individual
objectives and contribute to the attainment of this
additional profitability.
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