The Linear Compensation Plan Policy template helps you document compensation plan decisions made throughout the lifecycle of the linear variable compensation project to ensure everyone is on the same page with respect to plan design and administration.
This template will help you:
- Compile your compensation plan into a single, informative document.
- Segment important details of your plan into relevant headings including eligibility, definitions, authority, legislative requirements, plan measures, and point of contact.
- Update your plan as necessary using a flexible format.
By assembling your compensation plan using this template, you can develop an easy go-to source for referencing once the project is completed, and to update as your organization changes.