Variable Pay - Tools & Templates

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Short-Term Incentive Plan Overview Template Use this template to share key information about the STIP structure and payouts with participants.
Compensation Philosophy Template Use this Compensation Philosophy Template (also known as a Pay Philosophy) to document your organization’s governing principles for compensation programs and activities.
Total Rewards Strategy Workbook Use this workbook to document decisions that need to be made while building a Total Rewards strategy.
Total Rewards Employee Question Bank Leverage McLean & Company’s Total Rewards Employee Question Bank to collect additional information from employees on total rewards preferences.
STIP Design Tool Use this tool to record a high-level plan for the STIP, experiment with STIP design, and observe impacts to estimated payouts.
STIP Design Tool Example Use this tool to see how to record a high-level plan for the STIP, experiment with STIP design, and observe impacts to estimated payouts.
Compensation Philosophy Worksheet Use this template to document notes, themes, and insights from discussions with executives regarding the internal and external factors that will inform the compensation...
Compensation Philosophy Discussion Guide Use the Compensation Philosophy Discussion Guide to structure discussions with executives to inform the development of the organization’s compensation philosophy.

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