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VisionLink puts out current Articles and Updates to provide businesses with compensation information and resources.

Do Incentive Plans Really Work?

Some wonder whether building incentive plans really makes a difference in the performance of employees. Some articles and experts claim not. If they are right, why do so many high performing companies include both short and long-term incentive plans as part of their rewards strategy? Tune in to learn why a pay for performance culture requires that a business construct effective, motivating, results producing, shareholder friendly incentive plans. If it doesn’t, owner equity can be diminished because either too much or too little is being paid out relative to targeted and realized results.
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How Do I Get My Employees Focused on What’s Most Important to My Company’s Growth

“If only my employees thought like me. Then we could really go somewhere!” Such is the common mantra of owners, presidents and CEOs of businesses large and small. As a business leader or owner, you are constantly mindful of the economic results that need to be achieved and the key performance factors that will secure those outcomes. Getting OTHER key people in the organization to take ownership of those results is one of the critical keys to breakthrough growth.
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Long-Term Incentives: Which is Right for Your Company

You want to fuel growth, not just this year, but for the long-term. You have a long-term business plan for that growth, but you don’t have a long-term compensation plan to match. How do you determine what kind of long-term incentive plan will help achieve those targets? When properly constructed, long-term incentive plans (LTIP) can be the means of igniting sustained performance. The issue is choosing the right one.
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