Clawbacks for Executive pay : should Executive variable pay go down as well as up ?

    The Executive Compensation & Benefits Summit will take place in Amsterdam on September 6 and 7, 2017. If you want to attend, enjoy a 20% discount exclusively for my readers and followers by using code COMPIN20. To celebrate this upcoming event, today’s post will focus on Executive Compensation. There was a question on…

Deciding on your incentive payout cycle : the main points to consider

I have delivered quite a few sessions of my Expert Compensation & Benefits training recently. Whether I deliver it in Beirut, Kuwait, Doha, Kuala Lumpur, Namibia, or Morocco, I always make sure to talk about the payout cycle for incentives. Should we pay incentives annually, semi-annually, quarterly, monthly or even weekly ? A recent exchange with…

Caps and thresholds for Business Development roles?

One of my friends recently asked me this question : “I was hoping you could help me with a Sales Commission question. To set the scene, we want to target quality Business Development people – niche skill set and specialist experience for this engineering company, Hay level 19-20, on about AED 50,000+. For these type…

Reader Question – Should I pay a prorated bonus to an employee who resigned ?

Marta one of my readers just wrote to me asking me for advice on the following situation : “I’m HR Manager for a small Oil & Gas Contractor. Recently,  I’ve been facing quite difficult situation and need second opinion. We have a Project Manager leaving the company in June (resignation) and here comes the issue –…

A dinosaur in Dubai ?

I spent the week-end at the Emirates Airlines Festival of Literature in Dubai. If you live in the region, it is an event that I highly recommend you attend next year : a wide variety of speakers, on many topics related to books. There is a whole stream dedicated to children, and given the numbers…

Prospecting or existing customers ? What do you focus on in your sales incentive plan ?

“Need a sales comp plan that incentivizes prospecting, but does not increase the overall percent for my entire sales compensation. So, we’ll need a plan that pays more for new sales and less (or less over time) for sales to existing customers. Suggestions?” This recent question was asked on LinkedIn in the Compensation & Benefits…

Equity theory and the design of your incentive scheme

As part of the 16th annual Compensation & Benefits Forum organised by IIRME last month, I delivered a one-day workshop on how do design a recognition and retention scheme. I mention a few motivation strategies at the outset of the workshop. The equity theory in particular holds my attention. What is equity theory ? The…