How can incentive compensation help stimulate your teams?

 

INCENTIVE COMPENSATION - A QUICK GUIDE

Variable remuneration supplements fixed salary, enhancing and rewarding the individual and collective performance of your employees. It allows you to incentivize your staff to achieve the results set by the company, by rewarding them based on the level of performance they have achieved.

There are several ways of calculating incentive compensation, but the most common options are commission, target bonuses and ranking systems.

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360° EXPERTISE

Our expertise is the result of a thought process that combines the scientific method with our robust working knowledge of how to foster motivation via incentive compensation.

Our 360° global vision takes into account the full range of challenges associated with incentive compensation, enabling us to provide a response that is perfectly-suited to our clients’ needs, from the creation of bonus schemes through to implementation.

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ABOUT OUR COMPANY

Primeum is a Consulting & Services agency whose work is exclusively dedicated to incentive compensation and its motivational effectiveness.

For almost 25 years, we’ve worked tirelessly to make our specific area of expertise into a cutting-edge tool to support the operations of major companies.

More recently, the launch of a dedicated service package for small businesses enterprises and start-ups has enabled us to provide a more adapted response to the needs of growing or emerging companies.

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READ OUR LATEST NEWS AND UPDATES

June 02, 2020

Recruiting sales people: what profiles for a cross-functional and efficient team

If the archetypes of the sales people die hard, we forget that there are very different positions, but especially very heterogeneous profiles and that will nece...

April 08, 2020

What are the main incentive compensation questions to be asked in order to restart the activity at the end of the crisis?

Depending on the type of business, the lockdown’s impact on sales will be more or less strong and might change in time. For the majority of businesses, there is...

July 11, 2019

Sanofi Pasteur chose to train its team to set bonus objectives with Primeum Academy

Sanofi Pasteur chose Primeum to design a training for their sales force excellence team on target setting and innovative incentive schemes topics.

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