Compensation & Bonus Program Design
Today’s work force is varied and changing. Helping clients find the right balance between what the business needs from their employees and what will motivate employees to perform in the short term and help retain them in the long term is critical to a business’s success. Designing compensation and bonus programs often requires experience grappling with securities, tax, benefits, human resources and industry issues. Beyond the technical jargon, it requires more than a passing familiarity with a client’s business operations and culture. Designing a program that is complementary of the business culture can often be one of the most challenging aspects. ILG has not only helped clients design these programs, we’ve designed and implemented them for our own businesses. We’ve seen where they succeeded and where they failed and had to make the adjustments, real time, to ensure success. ILG welcomes the opportunity to be your partner in designing and implementing the compensation and benefits program that is best for your business.