KEEPING THE EMPLOYEE DRIVE: UTILIZING INNOVATIVE BENEFITS & INCENTIVES OVER TYPICAL COMPENSATION PACKAGES

Trainer: Andrew Shauble, Managing Consultant, Hay Group

Top executives are essential to lead organizations and withstand the global financial crisis.

Keeping top executives onboard can be taxing, as companies face threats of budget downsizing, salary freezing and salary cuts.

Creating effective reward systems play a critical role in driving employee performance and the engagement of preferred senior executives.

When top employees lead the company to retain and generate thousands of dollars, providing them tailored incentives, rewards and benefits are essential for business survival.

• Understanding the rationale for spending on rewards & incentives
• Case study on rewards systems
• Designing general strategies for rewards, incentives & benefits
• Evaluating rewards for their effectiveness