When it comes to creating incentive packages, there’s a balance between strict and fair.
No one wants to set up hard boundaries on incentives, or make create goals that are impossible to achieve. Along those lines, businesses don’t want to over-incentivize their associates and turn everything into a race to a finish line.
Regular contributors to the DistributED with tED magazine podcast Desiree Grace and Andrea Olson discuss the best practices for creating incentive packages that work for everyone.
In part two of this conversation, we will discuss “one-off” incentive programs, ways to work around hard rules for incentive programs, and something called “sunshine pay”. That podcast will be posted on March 28.
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