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

March 24, 2020

Omni-channel strategy: moving to an incentive compensation transformation

When more and more sales are achieved partially or even exclusively on internet, a large number of salespeople are struggling with the development of the digita...

March 17, 2020

Should we cap incentive compensation of sales people?

According to the latest variable compensation survey published in 2016, more than 87% of business executives and sales managers believe that introducing incenti...

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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