Mohona Biswas, an assistant professor from Rangamati Science & Technology University, presented on incentive pay programs to representatives. Incentive pay programs provide additional rewards to employees for completing or partially achieving objectives or goals. There are individual, group, and company-wide incentive plans. Designing an effective incentive pay program involves setting goals and objectives, analyzing the audience, finding relevant facts and obtaining involvement, creating clear rules and structure, selecting appropriate awards, communicating the program details, operating and tracking results, fulfilling the awarded incentives, and evaluating and celebrating the program's success.
Mohona Biswas, an assistant professor from Rangamati Science & Technology University, presented on incentive pay programs to representatives. Incentive pay programs provide additional rewards to employees for completing or partially achieving objectives or goals. There are individual, group, and company-wide incentive plans. Designing an effective incentive pay program involves setting goals and objectives, analyzing the audience, finding relevant facts and obtaining involvement, creating clear rules and structure, selecting appropriate awards, communicating the program details, operating and tracking results, fulfilling the awarded incentives, and evaluating and celebrating the program's success.
Mohona Biswas, an assistant professor from Rangamati Science & Technology University, presented on incentive pay programs to representatives. Incentive pay programs provide additional rewards to employees for completing or partially achieving objectives or goals. There are individual, group, and company-wide incentive plans. Designing an effective incentive pay program involves setting goals and objectives, analyzing the audience, finding relevant facts and obtaining involvement, creating clear rules and structure, selecting appropriate awards, communicating the program details, operating and tracking results, fulfilling the awarded incentives, and evaluating and celebrating the program's success.
Welcome to my presentation Presentation on- “IncentIve Pay”
Represent to- Represent by-
Mohona Biswas Ahmad Abrar Assistant Professor Reg no.-2018-21-22 Rangamati science & technology Roll no.- 22 university Incentive Pay is an additional reward to employees to complete or partial achievement of objectives or goals. Individualincentive plan Group incentive plan Company wide incentive plan Company-wide Incentive Plan
Types of Company-wide incentive plans
Designing Incentive Pay Program
• Set Goals and Objectives
• Analyzing Audience • Finding fact and Involvement • Creating Rules and Structure • Select Awards • Communicate the program • Operate and Track Result • Fulfill the Awards • Evaluate and Measure • Celebrate the success Any question? Thank you