Pay for Performance |
Increasingly the demand is that remuneration should be based on both the individual’s performance, as well as the company’s sustainable business performance over time. We can assist with:
- Performance metrics and scorecards
- Modelling to establish the performance / reward characteristics
- Policy drafting
- Advisory & review
The key to effective sustainable incentive design lies in finding the architectures and metrics that provide solutions to both operational and long term performance / reward issues. Companies should be aware of purchasing off the shelf or follow me solutions but rather look to engaging with experts to identify the customised, best fit design(s) for its own operational and strategic needs and the environment in which it finds itself.
Our team is expert in assisting you with:
- Short term or long term (share based) incentives
- Conceptual design & modelling for financial impact
- Implementation, documentation and communication
- On- going administration and target setting
- Advisory/review and reformulation of existing schemes