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More
organizations are using bonuses and incentives as a way to keep
employees and teams focused on the key objectives. Too often
the programs are too complex or contain flaws that reward
employees for unintended results.
The
key issues are outlined in the table below. While they are
simple in concept, their application can create many problems
if they are not applied correctly.
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Before
you implement a cash, stock or other type of incentive
program, discuss your plans with an ECI consultant to help
avoid common problems.
For
more incentive plan resources, see our "Articles &
Speeches" section.
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