Stop Losing Your Best People — Build Incentive Compensation Plans That RETAIN Top Talent
Manage episode 491050076 series 2864618
Confused bonus plans are driving your top talent out the door.
One client gave a $10K bonus — and the employee still quit. Why?
Because unclear incentives cause more damage than no incentives at all.
In this episode of Don’t HR Alone, Rhamy Alejeal breaks down:
• How to design compensation plans that actually drive performance
• What “Total Target Income” is — and why you must define it
• The 3 types of incentive comp (and which to use when)
• Common bonus mistakes that erode trust
• Why even a small bonus can outperform a big one — if timed right
Want to fix broken bonus plans before they cost you your best people?
Download your FREE Incentive Compensation Toolkit
Want an incentive plan that drives revenue—not resignations? U.S. businesses with 10+ employees can book a FREE 30-minute strategy call with People Processes CEO Rhamy Alejeal
Please share this with an HR leader or business owner who needs to hear it.
https://youtu.be/-tO83yc6ZOo
200 episodes