Designing Bonus Plans that Work
Thursday, September 7th, 2017
1:10 PM - 2:10 PM: Concurrent Sessions II
Room: Metropolitan
 
Most bonus plans are disappointing to business owners because they don't motivate, they aren't appreciated, and they quickly become entitlements. Most bonus plans disappoint employees because they're a mystery, they're unpredictable and they're never, ever enough.



So what can you do? In this session, you'll discover the elements of good bonus plan design, and explore a proven method of progressive gain-sharing that will have employees forecasting their own bonuses. Participants will be provided a valuable template that will calculate bonus levels. There's no more powerful way to engage, motivate and involve people in their everyday work, their own goals, and the goals of the organization.



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