How to Create an Incentive Compensation Program That Works
Incentive compensation programs are primarily used to promote the efficiency and productivity of the workforce. Many organizations view incentives as an important tool for improving performance.
In this episode, learn the art and science behind crafting effective incentive programs.🔍 Explore the ins and outs of overall compensation design, with a specific focus on incentive pay. From bonuses to commissions, Rhamy guides you through building a customized compensation scheme that shapes behavior and drives results. 💡
Tune in to gain a competitive edge in talent management and business success. 🔥 Don’t miss this opportunity to revolutionize your approach to incentives and maximize your team’s potential.
#IncentiveCompensation #talentmanagement #businesssuccess #teammotivation
About the author, Rhamy
Rhamy grew up watching and working with his mother and grandmother in the senior insurance market. This familiarity with the struggles faced by people trying to navigate the incredibly complicated and heavily regulated healthcare market led him to start Poplar Financial while working on his degree at the University of Memphis. After completing his MBA and Bachelors in Finance and Economics, Rhamy guided Poplar Financial through the disruptive opportunity that is the Affordable Care Act. Since then Poplar Financial has received numerous awards from major insurance carriers and has completed its fourth year in a row of doubling in size. Now his team focuses on the processes around human resources and specializes in providing companies with between 20 and 1000 employees with the payroll, benefits, and HR needs.