Profit by Design Series:
Incentive Compensation Video & Workbook
List Price $387.00|
Our Price $187.00
You Save $200.00 52%
AEC Management Solutions Inc.'s Profit by Design Series presents Incentive Compensation, a 2-disc video and workbook series. This product features: Main Presentation Video & Workbook Real World Examples Video & Workbook Excel Spreadsheet Video & Workbook Why Incentive Compensation and what's in it for me? What are the Pre-Requisites to an Effective Incentive Plan? Which nagging issues are addressed in an Incentive Plan? How do we reward owners for their contributions as an employee? What elements do all successful Incentive Plans have in common? Exactly what should Incentive Compensation Reward? What does Incentive Compensation not reward - and why? What percentage of profits should go into the Incentive pool? Should there be a limit on the Incentive payment to any individual? How often should the Incentive payments be made and why? How do we reward Project Managers? How to reward a Branch Office Manager? How do we reward the Managing Partner? How can we provide an Incentive for partners and other key employees that are not responsible for managing projects or clients? Find out how Incentive Compensation can dramatically increase collections and improve cash flow Find out exactly what you need to do to implement the plan - and what to expect. The answer may surprise you.
Main Presentation Video & Workbook
The main presentation answers all of your questions about how to design and implement a powerful incentive compensation plan to dramatically increase profits and reward your top performers.
Find out the typical reasons for implementing an Incentive Compensation plan:
Real World Examples Video & Workbook How they set-up the profit pools How they calculate the Incentive Rewards. How they reward those key employees and owners not directly responsible for projects - while maintaining a real incentive to increase profits. How often the payments are made. Find out their amazing results and how they went from marginal profitablility to over 20% of net revenues almost overnight. Find out how bad debt and slow payment has virtually been eliminated!
This Video/Workbook shows 2 Real World Examples of how this plan has been implemented with dramatic success! We take you step by step as to exactly how these firms have implemented Incentive Compensation in their company. We show you the process and how they adapted the plan to suit their individual needs.
Excel Spreadsheet Video & Workbook
We have included sample Excel spreadsheets that you can use to make your own incentive compensation calculations. This spreadsheet shows excatly how Incentive calculations are made for each person in the company. A video that accompanies this program explains step by step how to use and adapt this spreadsheet at your company.
No Special Equipment or Programs are Needed to Use the Program
This video and workbook is presented in Microsoft Producer. This technology allows the viewer to watch the combination video and PowerPoint program directly on their computer screen. All that is required is a computer with Internet Explorer. As an added benefit you can view the program on a PowerPoint style projector so others can participate.
Satisfaction is Guaranteed
If for any reason you are not satisfied with your purchase, we will promptly issue a refund.