Reward Strategies and Concepts
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VisionLink
hosts webinars and other events to help companies with business growth strategies. Read through our Summaries and Descriptions, and these Business Performance Improvement Resources.
Incentive Plans
To be transformative, incentive plans can’t be created in a vacuum. They must be linked to shareholder objectives, provide a meaningful benefit to participants, be triggered by performance employees can impact, and communicate and reinforce the values, goals and vision of the company.
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Phantom Stock Checklist
Developing a long-term incentive strategy is critical to any company wishing to attract great talent and increase shareholder value. Phantom Stock is just one of about nine different kinds of incentive plans a company could potentially use to accomplish that purpose. This is a checklist of criteria you might consider to determine if your company should be considering such a plan.
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Deferred Compensation Plans
Nonqualified deferred compensation plans (DCPs) are designed to provide supplemental retirement benefits for a select group of key employees, officers, directors, and independent contractors. They assist in establishing an incentive to remain with the company and may be designed to contribute to the company’s growth and profitability.
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