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Create an Effective Short-Term Incentive Plan

Blueprint: Total Rewards

Short-term incentive plans (STIP) are table stakes for many organizations, yet the alignment and support of key organizational objectives is often not adequately integrated into STIP design. The result is a plan that typically involves a large spend, without a tangible impact on organizational...

Clearly connect behavior and results to a STIP or risk payouts being viewed as an entitlement.

This storyboard will guide you through the development of a clear, aligned short-term incentive plan that drives key behaviors. Build an effective short-term incentive plan (STIP) that is aligned with organizational objectives, drives key behaviors, and is clearly communicated to participants. ...is storyboard will help you:A STIP with key.

Create an Effective Short-Term Incentive Plan Storyboard

Storyboard: Total Rewards

This storyboard will guide you through the development of a clear, aligned short-term incentive plan that drives key behaviors.