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| Author | : David Kelly |
| Publisher | : Lulu.com |
| Total Pages | : 198 |
| Release | : 2014-04-10 |
| Genre | : Business & Economics |
| ISBN | : 0996081003 |
Making Incentive Compensation Management - ICM - projects and operations more successful.
| Author | : Andris Zoltners |
| Publisher | : AMACOM |
| Total Pages | : 511 |
| Release | : 2006-08-07 |
| Genre | : Business & Economics |
| ISBN | : 0814429726 |
A well-designed and implemented incentive program is an essential tool for building a motivated, highly effective sales force that delivers the results you need. Incentive programs are seductively powerful but complicated instruments. Without careful planning and implementation, they can be too stingy to motivate, too complex to understand, too quick to reward mediocre results, and too difficult to implement. The Complete Guide to Sales Force Incentive Compensation is a practical, accessible, detailed roadmap to building a compensation system that gets it right by creating motivating incentives that produce positive outcomes. Packed with hundreds of real-life examples of what works and what doesn't, this important guide helps you: Understand the value of building an incentive plan that is aligned with your company's goals and culture. Avoid the common trap of overusing incentives to solve too many sales management problems. Measure the effectiveness of your current incentive program, employing easy-to-use tools and metrics for pinpointing its weak spots. Design a compensation plan that attracts and retains successful salespeople, including guidelines for determining the correct pay level, the best salary incentive mix, the proper performance measures, and the right performance payout relationship. Select an incentive compensation plan that works for your organization -- then test the plan before it is launched. Set territory-level goals that are fair and realistic, and avoid overpaying the sales force or demoralizing salespeople by having difficult goals or not fairly assigned. Create and manage sales contests, SPIFFs (Special Performance Incentive for Field Force), and recognition programs that consistently deliver the intended results. Manage a successful transition to a new compensation plan and build efficient administration systems to support your plan. Filled with ready-to-use formulas and assessment tools and a wealth of insights from frontline sales managers and executives, The Complete Guide to Sales Force Incentive Compensation is your hands-on, easy-to-read playbook for crucially important decisions.
| Author | : Robert W. Kolb |
| Publisher | : Oxford University Press |
| Total Pages | : 428 |
| Release | : 2012-08-02 |
| Genre | : Business & Economics |
| ISBN | : 0199977127 |
The scholarly literature on executive compensation is vast. As such, this literature provides an unparalleled resource for studying the interaction between the setting of incentives (or the attempted setting of incentives) and the behavior that is actually adduced. From this literature, there are several reasons for believing that one can set incentives in executive compensation with a high rate of success in guiding CEO behavior, and one might expect CEO compensation to be a textbook example of the successful use of incentives. Also, as executive compensation has been studied intensively in the academic literature, we might also expect the success of incentive compensation to be well-documented. Historically, however, this has been very far from the case. In Too Much Is Not Enough, Robert W. Kolb studies the performance of incentives in executive compensation across many dimensions of CEO performance. The book begins with an overview of incentives and unintended consequences. Then it focuses on the theory of incentives as applied to compensation generally, and as applied to executive compensation particularly. Subsequent chapters explore different facets of executive compensation and assess the evidence on how well incentive compensation performs in each arena. The book concludes with a final chapter that provides an overall assessment of the value of incentives in guiding executive behavior. In it, Kolb argues that incentive compensation for executives is so problematic and so prone to error that the social value of giving huge incentive compensation packages is likely to be negative on balance. In focusing on incentives, the book provides a much sought-after resource, for while there are a number of books on executive compensation, none focuses specifically on incentives. Given the recent fervor over executive compensation, this unique but logical perspective will garner much interest. And while the literature being considered and evaluated is technical, the book is written in a non-mathematical way accessible to any college-educated reader.
| Author | : Gerardus Blokdyk |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2018 |
| Genre | : Electronic books |
| ISBN | : 9780655119050 |
Incentive compensation management A Complete Guide.
| Author | : Gerard Blokdyk |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 124 |
| Release | : 2017-10-06 |
| Genre | : |
| ISBN | : 9781978022195 |
What are your most important goals for the strategic incentive compensation management objectives? Is Supporting incentive compensation management documentation required? Why are incentive compensation management skills important? How does the incentive compensation management manager ensure against scope creep? Will team members perform incentive compensation management work when assigned and in a timely fashion? Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role... In EVERY company, organization and department. Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?' For more than twenty years, The Art of Service's Self-Assessments empower people who can do just that - whether their title is marketer, entrepreneur, manager, salesperson, consultant, business process manager, executive assistant, IT Manager, CxO etc... - they are the people who rule the future. They are people who watch the process as it happens, and ask the right questions to make the process work better. This book is for managers, advisors, consultants, specialists, professionals and anyone interested in incentive compensation management assessment. All the tools you need to an in-depth incentive compensation management Self-Assessment. Featuring new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which incentive compensation management improvements can be made. In using the questions you will be better able to: - diagnose incentive compensation management projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices - implement evidence-based best practice strategies aligned with overall goals - integrate recent advances in incentive compensation management and process design strategies into practice according to best practice guidelines Using a Self-Assessment tool known as the incentive compensation management Scorecard, you will develop a clear picture of which incentive compensation management areas need attention. Included with your purchase of the book is the incentive compensation management Self-Assessment downloadable resource, which contains all questions and Self-Assessment areas of this book in a ready to use Excel dashboard, including the self-assessment, graphic insights, and project planning automation - all with examples to get you started with the assessment right away. Access instructions can be found in the book. You are free to use the Self-Assessment contents in your presentations and materials for customers without asking us - we are here to help.
| Author | : Gerardus Blokdyk |
| Publisher | : 5starcooks |
| Total Pages | : 294 |
| Release | : 2018-08-24 |
| Genre | : |
| ISBN | : 9780655343875 |
How much does Sales Incentive Compensation Management help? Will Sales Incentive Compensation Management deliverables need to be tested and, if so, by whom? What management system can we use to leverage the Sales Incentive Compensation Management experience, ideas, and concerns of the people closest to the work to be done? What are the compelling business reasons for embarking on Sales Incentive Compensation Management? Is Sales Incentive Compensation Management currently on schedule according to the plan? This astounding Sales Incentive Compensation Management self-assessment will make you the established Sales Incentive Compensation Management domain authority by revealing just what you need to know to be fluent and ready for any Sales Incentive Compensation Management challenge. How do I reduce the effort in the Sales Incentive Compensation Management work to be done to get problems solved? How can I ensure that plans of action include every Sales Incentive Compensation Management task and that every Sales Incentive Compensation Management outcome is in place? How will I save time investigating strategic and tactical options and ensuring Sales Incentive Compensation Management costs are low? How can I deliver tailored Sales Incentive Compensation Management advice instantly with structured going-forward plans? There's no better guide through these mind-expanding questions than acclaimed best-selling author Gerard Blokdyk. Blokdyk ensures all Sales Incentive Compensation Management essentials are covered, from every angle: the Sales Incentive Compensation Management self-assessment shows succinctly and clearly that what needs to be clarified to organize the required activities and processes so that Sales Incentive Compensation Management outcomes are achieved. Contains extensive criteria grounded in past and current successful projects and activities by experienced Sales Incentive Compensation Management practitioners. Their mastery, combined with the easy elegance of the self-assessment, provides its superior value to you in knowing how to ensure the outcome of any efforts in Sales Incentive Compensation Management are maximized with professional results. Your purchase includes access details to the Sales Incentive Compensation Management self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows you exactly what to do next. Your exclusive instant access details can be found in your book. You will receive the following contents with New and Updated specific criteria: - The latest quick edition of the book in PDF - The latest complete edition of the book in PDF, which criteria correspond to the criteria in... - The Self-Assessment Excel Dashboard, and... - Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation ...plus an extra, special, resource that helps you with project managing. INCLUDES LIFETIME SELF ASSESSMENT UPDATES Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.
| Author | : Sal DiFonzo |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 158 |
| Release | : 2015-12-15 |
| Genre | : Compensation management |
| ISBN | : 9781508527725 |
Drawing on two decades of compensation experience, Sal DiFonzo explores how to transition a firm from a traditional discretionary plan to a contemporary structured incentive compensation plan. The issues in this process can be complex, but DiFonzo simplifies them by taking the reader step-by-step through the rationale behind creating a structured incentive compensation plan, each phase of the creation process, and expert strategies for solving the issues that invariably arise with changes to compensation. While examples are drawn from the design and construction industry, firms from all industries seeking to drive strategy, engage employees and achieve success will find this book to be a valuable guide.
| Author | : S.S. UPADHYAY |
| Publisher | : Global India Publications |
| Total Pages | : 328 |
| Release | : 2009-12 |
| Genre | : Compensation management |
| ISBN | : 9789380228389 |
This book outlines a new way of looking at rewards-a holistic approach that uses measurement to determine what an organization actually valuses (in terms of skills, knowledge, experience and behaviors).Further it analyzes the impact of the braod spectrum of reward programs (pay benefits and carrers) on human capital and, in turn, on an organization's profitability.It discusses variable pay programmes, competency models to employee reward, talent management for business optimization, compenation in Not-For-Profit Organizations, designing the annual management incentive plan etc.
| Author | : Howard Risher |
| Publisher | : Amacom Books |
| Total Pages | : 324 |
| Release | : 1999 |
| Genre | : Business & Economics |
| ISBN | : 9780814404584 |
In Aligning Pay and Results, fourteen compensation experts provide answers, techniques, and insights on the complex issues involved in incentive- and performance-based pay programs. With the practical help this book provides (in both the human and technical arenas), you'll have a good start toward creating a pay environment that energizes employees, encourages innovation, and fuels growth for years to come.
| Author | : Singh |
| Publisher | : Excel Books India |
| Total Pages | : 404 |
| Release | : 2007 |
| Genre | : |
| ISBN | : 9788174465467 |
