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

Insperity

But is an annual incentive pay plan really the best way to motivate employees? How an annual incentive pay plan works. With an annual incentive pay plan, employees earn a payout, often expressed in terms of percentage of salary, when they achieve performance-related goals. This payout is in addition to their base pay.

article thumbnail

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

Insperity

But is an annual incentive pay plan really the best way to motivate employees? How an annual incentive pay plan works. With an annual incentive pay plan, employees earn a payout, often expressed in terms of percentage of salary, when they achieve performance-related goals. This payout is in addition to their base pay.