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Speaker: Malika Terry, MBA, CCP |Director of Global Total Rewards Strategy, UPS

Effective incentive compensation design can play a major role in motivating employees and driving company performance when plans are designed with the employee and company in mind. Participants in this session will learn the fundamentals of incentive compensation design and how incentive compensation can positively impact the organization’s profitability and productivity . Participants, will gain an understanding of the impact of incentive compensation on employee motivation and performance. In addition, participants will leave with proven examples for designing incentive plans that are aligned with your organization, adapting market best practices, ideas for communicating, and suggestions for conducting in-depth quantitative analysis.

In this session you will:

  • Review the different types of incentive compensation programs
  • Discuss how to design, implement and communicate incentive compensation programs
  • Learn how to evaluate the success of your program and the company’s return on investment (ROI)

SHRM BoCK Competencies: Business Acumen, Consultation, HR Expertise