
A company’s scheme objectives are at the very heart of the scheme, translated into specific performance indicators that will motivate the behaviours and results envisaged.
Primeum guides its clients through the development of variable pay policies that are clearly aligned with strategic, commercial and HR priorities. Taken together with the conclusions derived from the Diagnosis, this variable pay policy is the starting point for designing a new scheme. In this design phase, Primeum's decision-making tools and experience are brought to bear to maximise the clarity and effectiveness of your new scheme.
Once a scheme prototype has been developed, Primeum runs exhaustive simulations which predict with great precision how the system will work when implemented. These simulations are conducted both on individual performance measures and collectively, and will confirm your policy specifications in terms of motivational effectiveness, selectivity (proportion of winners and losers), discrimination (share of bonus envelope amongst winners) and payout.
