Study Method
Blended
Start Date
Nov 30 2021
Length of Course
TBA
Fees
695 per person
Location
TBA
Dianne Auld’s Incentive Design Workshop
SCHEDULE
Each of the three days of this workshop start at 9am and close at 1pm (UK) and there will be a five-minute break at both 10am and 12 noon, with a 20-minute break at around 11am.
DAY 1
- Introductions
- Overview of incentives
- 20-minute break
- Incentive alignment – Internal and external
- Incentive design – Pre-design issues
- Case study – Pre-design team exercise
DAY 2
- Incentive design 1 – Eligibility: basis for inclusion / exclusion / selection
- Case study – Team exercise 1: eligibility
- Incentive design 2 – Measures: appropriate measures, linking of measures, using measures to create incentive funding pool, level and frequency of measurement
- 20-minute break
- Case study – Team exercise 2: measures
- Incentive design 3 – Financial controls: methods of funding, thresholds and caps, motivation
- Case study – Team exercise 3: financial controls
DAY 3
- Incentive design 4 – Gain / payout relationship: stepped, continuous gain, payout ramps
- Case Study – Team exercise 4: gain / payout
- Incentive design 5 – Distribution: types, frequency, variable pay transition, retention
- 20-minute break
- Distribution discussion
- Communication and implementation
- Communication of incentive plan discussion
- Take-aways and learnings from workshop
“Reward Blueprints: 'Very well written and researched and have generated a lot of interest and discussion in our organisation.'”
“Reward Blueprints: 'We find the reports excellent and look forward to being the subject, one of these days!”
“Reward Blueprints: 'Much of the inspiration for the total reward statements in the organisation , which were nominated for an award this year, came from the invaluable material in”
“GRP: 'I thought the tutor was excellent. A positive experience all round!'”
“ Annual conference 2015: ‘An excellent range of topical topics and good/expert presenters. Very good value for the price!’”
“Report 5, Dec 2015: 'Everyone knows that US CEOs are paid more than anyone else, but exactly how much more is a question rarely answered. In this groundbreaking report we get the ”