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Is Your Annual Incentive Pay Plan the Right Fit For Your Business?

Insperity

In 2014, 90 percent of publicly traded firms offered such plans, according to a WorldatWork and Deloitte Consulting LLP report. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). So what does that mean for your business? You need to develop an effective incentive plan.

article thumbnail

Is Your Annual Incentive Pay Plan the Right Fit for Your Business?

Insperity

In 2014, 90 percent of publicly traded firms offered such plans, according to a WorldatWork and Deloitte Consulting LLP report. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). So what does that mean for your business? You need to develop an effective incentive plan.