Creating variable pay opportunities and formal line-of-sight to drive success at the individual, team or company-wide levels.
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
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.
Workspan Magazine article discussing intrinsic versus extrinsic rewards and the role of incentive pay in changing and shaping behavior.
Chapter in the Executive Handbook on Compensation (The Free Press) describing how to evaluate the likely return on investment in variable pay.
Industry Week article describing how the best manufacturing plants in the country can create better compensation models.
Pay for Performance Report (IOMA) article describing CVS's experience with two incentive plans.
HR Magazine article that discusses how to use compensation to motivate team performance.
Incentive Pay Advantage
We believe that incentive plans should drive the behavior that drives the results, rather than just reward the results.