How to Design & Implement a Results-Oriented Variable Pay System
"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 processThe guide's practical slant is enhanced by numerous formulas, examples, and graphs that demonstrate how variable pay can yield impressive gains in productivity."