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Stephen Cornwell and Joe Tropeano, Deloitte Reward Partners, discuss where incentive pay design is heading in Australia and how performance alignment is driving this change.

Incentive pay design often involves isolated programs brought together by their potential contribution to a total remuneration outcome. As companies aim to further strengthen the link between pay and performance, leading companies are starting with the business strategy and its underlying performance metrics and developing the incentive pay programs from here. The way in which the remuneration structure comes together is changing to reflect this more strategic approach.

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