Incentive plans change behavior, but do they really incentivize the performance we want? This seminar will examine incentive plans to see which ones work and which do not. We will also examine difficult issues, such as what happens when we have upper and lower limits on incentives.
DESIGNED FOR
Corporate financial leaders, corporate financial managers, CEOs, CFOs, Controllers, accountants, Board members, advisors, and consultants. CPAs in public practice and CPAs in industry. Business owners, entrepreneurs and professionals who are interested in superior incentive plans that achieve goals.
BENEFITS
After attending this presentation, you will be able to...
- Design an incentive compensation plan that fits the needs of the organization.
HIGHLIGHTS
The major topics that will be covered in this course include:
- What are incentive plans really trying to achieve?
- Types of incentive plans commonly found.
- What are the advantages and disadvantages of each?
- What makes a plan work or fail.
- Compensation methods – stock, options, cash, etc.
- Specific issues in design – the unequal challenge, upper and lower limits, and tying to objectives.
- How to test a plan to ensure that it will work.
PREREQUISITES
At least six (6) months of professional financial statement analysis experience and at least 6 months in a professional environment.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
This webinar is hosted by NJCPA's partner, CPA Crossings, LLC. After registering, you will receive an email from messenger@webex.com with the log-in information. If you do not receive this email you can contact CPA Crossings, LLC at (877) 370-2220.