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Incentive Compensation and Employee Ownership

Scott Rodrick

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Description:In today's competitive business environment, more and more companies use incentive compensation to "communicate goals in the most effective way possible--by putting a bounty on them," as Jack Stack writes in chapter 3 of this book. However, such programs often fail to improve performance if the company does not design them properly, customize them for the company's particular situation, and effectively communicate them to employees. This book explains how to avoid these pitfalls. Using a variety of real-life examples, it describes how companies can use incentive plans, ranging from cash bonuses to stock options and other equity incentives, to motivate employees to achieve higher productivity while rewarding them for their efforts. The first part of the book is a series of essays on incentives and how to use them, while the second part provides case studies from companies that have put these plans into practice. This book relates incentive plans to employee ownership (i.e., ownership of company stock by employees) in two ways. First, the incentive plan itself may use stock, in which case it frequently takes the form of a stock plan, such as a restricted stock plan, discussed in chapter 5. Second, the short-term rewards of incentive compensation can fill a gap left by a longer-term benefit such as an employee stock ownership plan (ESOP), as chapter 2 explains. The sixth edition has been revised to clarify the technical material and bring it up to date, to fine-tune the chapter on cash incentives, and to add a new case study and remove an old one.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Incentive Compensation and Employee Ownership. To get started finding Incentive Compensation and Employee Ownership, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Format: PDF, EPUB & Kindle Edition

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ISBN: 193292423X

Description: In today's competitive business environment, more and more companies use incentive compensation to "communicate goals in the most effective way possible--by putting a bounty on them," as Jack Stack writes in chapter 3 of this book. However, such programs often fail to improve performance if the company does not design them properly, customize them for the company's particular situation, and effectively communicate them to employees. This book explains how to avoid these pitfalls. Using a variety of real-life examples, it describes how companies can use incentive plans, ranging from cash bonuses to stock options and other equity incentives, to motivate employees to achieve higher productivity while rewarding them for their efforts. The first part of the book is a series of essays on incentives and how to use them, while the second part provides case studies from companies that have put these plans into practice. This book relates incentive plans to employee ownership (i.e., ownership of company stock by employees) in two ways. First, the incentive plan itself may use stock, in which case it frequently takes the form of a stock plan, such as a restricted stock plan, discussed in chapter 5. Second, the short-term rewards of incentive compensation can fill a gap left by a longer-term benefit such as an employee stock ownership plan (ESOP), as chapter 2 explains. The sixth edition has been revised to clarify the technical material and bring it up to date, to fine-tune the chapter on cash incentives, and to add a new case study and remove an old one.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Incentive Compensation and Employee Ownership. To get started finding Incentive Compensation and Employee Ownership, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Incentive Compensation and Employee Ownership

Incentive Compensation and Employee Ownership

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