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Incentive Pay

Creating variable pay opportunities to drive success at the individual, team or companywide levels.

Incentive Pay

Creating variable pay opportunities to drive success at the individual, team or companywide levels.

Client Challenges

Incentive pay has become an entitlement, and nobody is working any harder or smarter because of their participation in the incentive plan.

You want to tie pay to the company’s ability to pay- low pay in a bad year, high pay in a good year.

You are trying to get people to work together as a team, but the current incentive plan drives a 'silo mentality'.

Base pay increases have become too expensive and you need to start rewarding the achievement of annual results with variable pay, not salary increases.

You have difficulty determining which performance measures to include in the incentive plan.

The organization has a profit-sharing plan, but no one understands what they can do to impact profitability.

Clearwater Can Help...

Identify typical incentive practices within your industry

Design a self-funding incentive plan that rewards both company-wide and individual performance

Develop individual, work group or team metrics and incentives

Remove the discretion from incentive funding and payouts

Create line of sight into incentive plan metrics so that every employee understands their role in success

Model, document and communicate incentive plans

Fun Fact

Fun Fact- Incentive Pay

The average employee wastes 2.1 hours of a typical 8.5 hour workday.1 A good incentive program can help capture and focus this time and thereby increase your business' productivity.

1Salary.com survey of over 3,000 employees

WS Incentive Pay Quote

Clearwater In the News

"How long an incentive plan can help motivate employees depends on whether incentives are purely an extrinsic motivator, or whether they support the intrinsic value of the job or working for the organization."

- Workspan Magazine

Articles and Related Content

Following are articles written by, or featuring, Clearwater consultants.

FinalClearwater Advantage

Incentive Pay Advantage

We believe that incentive plans should drive the behavior that drives the results, rather than just reward the results.

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