Kindly help me out to prepare the tabular Incentive structure of Managers with a fixed+variable component with the target values to be entered in the sheet.
From India, Delhi
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From India, Delhi
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I am working with a property management company, and the management has recently decided to hire a Senior Operations Manager. I am required to develop an incentive plan for them based on the revenue generation for the business they bring to the company. I know that incentive plans vary from company to company, and as I have not dealt with this before, I have no clue how to go about it. I would be thankful if you could share your company's incentive structure or give me guidelines to create one for my company.
From India, Delhi
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From India, Delhi
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Incentive plans for managers.doc
More Fixed-To-Variab le Pay HR Trend in Corporate World.pdf