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Deploying an Effective Pay for Performance Bonus System that Works Across Multiple Industry Sectors
Date:4/19/2013

ics & Eligibility Strategy
  • Global Annual Bonus Plan Uniformity
  • Target Bonus Percentages by Job Level
  • Minimum Bonus Percentage to Motivate
  • Pay for Performance Drivers, Goals, & Program Components
  • Implementation Metrics and Success Factors
  • Communicating Pay for Performance Rollout
  • Implementation Challenges and Pitfalls
  • By identifying drivers, measures of success, program elements, global differences, and implementation best practices, this study will highlight the must-haves of successful pay for performance bonus plans.

    The study results will help compensation leaders create and maintain effective pay for performance programs. The data in the report is based on input from 47 talent and compensation leaders from 17 industries who provided both quantitative and qualitative data.

    To access the full report or to download a complimentary summary, click on the following link: http://www3.best-in-class.com/rr1213.htm.

    ABOUT BEST PRACTICES, LLC
    Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations.

     


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