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

December 10, 2019

Does incentive compensation make commercial people more effective?

  If in BtoC, the bonus represents 20 to 25% of the total compensation and can reach 50% in BtoB, its objective is primarily the investment and the implication ...

December 03, 2019

Key words of incentive compensation

They are so common that we almost forget their definition and their primary objectives. Look back at the most commonly used terms across the lexicon of incentiv...

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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