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Workspan Daily
03/24/2022
Sales compensation designers apply a set of uniform principles to each unique job to arrive at the best incentive plan design.
Author(s):
Workspan Magazine
08/08/2024
Those benefits include setting competitive executive pay programs that are aligned with market standards — which, in turn, can help attract and retain top talent — while addressing other challenges, such as goal setting.
Author(s):
Workspan Daily Plus+
05/13/2025
Assessing Skill Sets
Employers should conduct talent assessments of employees’ skill sets relative to the jobs they have today — and the job changes anticipated for tomorrow, said Julia Lamm, a workforce transformation partner at consulting firm PwC.
Author(s):
Workspan Magazine
12/09/2021
Remote employees’ pay structure is
determined by the office to which they are the closest.;
; ;Set pay rates based on the remote-work
location of the worker, such as their home address.;
;Set pay rate based on the U.S. national
level, adjusting upward for the remote-work location if in a more
expensive geographic area.;
;Set all employee pay at the same level, irrespective of
location.; Although you could structure your remote worker compensation
as mentioned above, or perhaps a different way particular to your industry, be
mindful that the approach you take is consistent and fair across all
employees.After deciding your philosophy, let’s explore five best
practices when determining how to pay remote workers.
Author(s):
Workspan Daily
10/26/2023
;Primary performance measure was set at 60% weight and recurring revenue performance measure was set at 40% to motivate sales salespeople mindshare to service, consumables and reagents sales.; The company provided intensive training and communication materials to educate and engage the sales force on the new plan.
Author(s):
Research
01/30/2025
You can download a graphic report of findings, a summary analysis of the trends or a short quiz that you can use to start productive goal-setting conversations in your organization.
Workspan Daily
12/04/2025
Nearly 40% of respondents took one or more actions to address incentive plan goal-setting challenges, such as delaying the timing to finalize goals, widening performance ranges, and adding or increasing the emphasis on relative metrics.;
;Most respondents are not planning significant changes to incentive plan designs for 2026 or the
short-term incentive (STI ) performance mix or
long-term incentive (LTI) award vehicle mix.Most also have not made changes to equity grant practices in response to stock market volatility or proposed shareholder advisory group policy changes.;
;Among respondents with
incentive cycles ending in 2025, most (roughly half for STI and 60% for LTI) do not currently anticipate the use of discretion, with one-third taking a “wait and see” approach.
Author(s):
Journal Article
07/04/2022
However, it’s important to note that the research on employee participation in goal setting is mixed, with other research finding that supervisor-set goals are more powerful than self-set goals (CIPD 2016).
Author(s):
Journal Article
08/23/2024
RUDOLPH: When managing through a highly volatile and unpredictable macroeconomic environment, such as what we experienced during the pandemic, it became evident that a lot of companies could not reliably see a year into the future in order to set effective incentive goals.
Author(s):
Workspan Magazine
05/13/2021
However, employers need to understand the options in setting up this type of savings vehicle.
Author(s):