How to Design & Implement a Results-Oriented Variable Pay System
John G. BelcherISBN: 0814402968;
A practical guide to the latest trends and newest creative options in variable pay. Variable pay systems are widely used as alternatives to traditional compensation programs. Now a recognized expert offers a timely examination of variable pay basics, the latest trends, and creative options. Readers will discover how to: • gain a competitive advantage through variable pay plans • create or redesign a system to meet an organization’s particular needs • evaluate traditional plans versus the three types of variable pay plans • organize and prepare a launch team • implement a complete 19-step process The guide’s practical slant is enhanced by numerous formulas, examples, and graphs that demonstrate how variable pay can yield impressive gains in productivity.
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