There is one overriding principle that should guide every compensation decision: Pay for what you want to happen. If you want profitable sales, then your plan must explicitly reward profitability (not ...
Creating compensation plans that are both fair and financially sustainable is a challenge for any organization. Leaders must navigate pay transparency, market benchmarks and budget limits while ...
What Is a Nonqualified Deferred Compensation? A nonqualified deferred compensation (NQDC) plan is an arrangement where employees can defer receiving a portion of their compensation until a later date, ...