Incentives

Incentives should follow on from establishing competitive base pay and can be used to provide extra rewards for achieving certain targets. Designing a plan around what participants can control, and the change in behaviour required, is very important rather than allocating extra pay in an unfocused manner.

Do you have an incentive program? If yes: Is it linked to specific actions or behaviours that the participants can control?

Next in the Horizon System – Succession Planning