Incentive Compensation Philosophy
A compensation philosophy is more than positioning relative to the market. Your philosophy must drive decisions and behaviors for both the design and execution of every aspect of total rewards. An active compensation philosophy is one that evolves with your company as market conditions and needs change.At FutureSense we believe that organizations need a strong compensation philosophy to attract, retain and motivate top employees.
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Our Process
Step 1:
Discover
Clarify the intentions, goals, and capabilities of the company and build the foundation for the solution.
Step 2:
Design
Detail the features and critical elements of the solution, and deliver the final plan overview.
Step 3:
Deliver
Ensure the company knows how to manage and measure the success of the solution. Provide communications and modeling for participants.
Step 4:
Evolve
Provide ongoing support for questions and adjustments during the initial year after delivery.