Compensation: Strategies for a Bonus Plan

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Bonuses are an important part of any CEO's toolkit. This white paper outlines specific steps to follow in establishing or revamping a company's bonus structure, and how this part of the compensation system can reward outstanding results and help retain star performers. Computing bonuses with specific targets, and tallying the results on a quarterly rather than annual basis, for instance, will boost accountability and help keep managers and employees focused on reaching the specified goals.
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