Zweig White Information Services - Incentive Compensation Survey, 2007

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Incentive Compensation Survey, 2007

Type: Benchmark Survey

Published: October 1, 2007
Availability: In Stock

Group: Benchmark Surveys
Order Code: sv-inc07
Length: 222 pages
Found In: Books, Published Content

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Quantity	Format	Price
	Hard Copy (ISBN 978-1-934150-27-6)	$395.00 $197.50

This Item Is Part of

2007-2008 Management Survey Set

The 2007 Incentive Compensation Survey will help you...

Learn the best ways to motivate employees and improve firm performance
Make better hires and retain top talent by creating a competitive incentive compensation plan
Find out how other firms are calculating bonus amounts— see actual formulas and methods used in firms like yours
Compare your incentive compensation spending to your peers’ and learn the most effective ways to spend your incentive compensation dollars
Create a firm-wide incentive compensation budget using statistics from firms’ overall spending, broken out by bonus type and employee level

An effective bonus plan can be an invaluable resource for improving employee motivation and retention, and for recruiting new talent. How does your bonus and incentive compensation plan compare to your peers’? What’s the most effective way to spend your incentive compensation dollars? How are other firms calculating bonus amounts, and which types of employees should be eligible for incentive compensation? Find out the answers to all of these questions and many more with ZweigWhite’s 2007 Incentive Compensation Survey, the industry’s only survey exclusively devoted to incentive compensation and bonus plans.

Use the report to compare your incentive compensation spending to your competitors’. Get actual formulas for compensation plans in use among firms like yours, and create a firm-wide incentive compensation structure. This comprehensive survey has the data you need to start up a new plan from scratch or to improve the programs you already have in place— from who should receive which types of bonuses, to how often bonuses should be paid out, to what amounts different levels of employees should receive. Plus,this year’s edition includes firm leaders’ ratings of different plans—find out which bonus types have been the most successful when it comes to motivating, recruiting, and retaining staff and meeting profit and revenue goals.

The report covers the full range of bonus types, from firm owner distributions and profit sharing to compensation related to hiring, performance-based bonuses, and service awards. Broken out by 11 types of incentive compensation plans, this invaluable resource will help your firm understand what kind of financial investment your firm should make to be competitive in today’s hiring market.

Topics covered in the 2007 Incentive Compensation Survey include:

Profit sharing. Industry research shows nearly all firms base bonuses on company profits, and close to half of firms have profit-sharing plans. With firms’ actual formulas, eligibility standards, and annual spending, this report will show you what your competition is doing in regard to profit sharing. To help make sure you’re doing more than just keeping up, we’ve devoted an entire chapter to this important subject!

Performance bonuses. Think you’re spending enough on performance bonuses? Don’t be so sure! In order to rise above your competition, it’s important to know what other firms in the business are doing. Whether they’re using metric criteria or qualitative ratings to calculate the amounts, this report will tell you how much firms are spending on performance bonuses.

Signing and retention bonuses. Often a large factor in obtaining top talent, this type of incentive compensation plan can make the difference between a potential key employee choosing to work at your firm or with one of your competitors. Find out what other firms like yours are doing to draw in and retain the top talent in the field.

With quotes from actual firm leaders on the most and least successful incentive compensation plans, this report will help you find out the best ways to motivate employees and improve firm performance. Also included are firm leaders’ opinions on the biggest challenges associated with incentive compensation and feedback regarding how certain plans have helped with recruiting.

The 2007 Incentive Compensation Survey is the all-inclusive report to help you see how your firm stacks up among your peers and competitors. Whether you want to create new incentive compensation plans or make sure your existing programs are up to par, this is the survey you need. You won’t find this kind of privileged information anywhere else!

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