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OBJECTIVE:
Providing knowledge for variable compensation design and management plans that help linking the personal goals with company’s goals accomplishment through productivity improvement and efficacy within the different company’s areas.
BASIC COURSE INFORMATION:
ADDRESSED TO:
AGENDA
I. COMPENSATION TENDENCIES
A. Conventional Remuneration Structures
B. Mixing Fixed Compensation with Variable Compensation according to the position
C. Variable Compensation Trends
D. Variable Compensation Components
E. Variable Compensation Examples
II. POSITIONS SUBJECTS TO VARIABLE COMPENSATION
A. Directors and Managers
B. Operating Staff
C. Supporting Staff
D. Sales Staff
III. DESIGN VARIABLES
A. Strategic Priorities as an Environment Answer
B. Quantitative Internal Performance Metrics by Area and Position
C. Qualitative Internal Performance Metrics by Area and Position
D. Establishing and Aligning Strategic Goals and Priorities
E. Creating Support Systems to Measure Progress and Accomplishment
IV. SUCCESSFUL IMPLEMENTATION
A. Previous Simulations before Approval and Communication.
B. Communication and Involvement Strategies.
C. Strategies for Monitoring, Follow up and Redesign, if applicable.
D. Successful Implementation.
BENEFITS
- Contributing to your company’s production increase.
- Being able to implement compensation strategies according your company’s objectives.
- Increasing your staff and coworkers professional satisfaction.
