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ASA Webinar: Common Practices and Effectiveness of Incentive Compensation
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Incentive compensation is a huge investment. The U.S. construction industry has an enormous opportunity to improve the effectiveness of current incentive compensation programs, as only 37 percent of construction companies use industry market data to ensure adequate incentives. It can be challenging to create an incentive plan that supports your strategic objectives, motivates attainment of stretch goals, provides desired returns and behaviors and yields results.

11/18/2014
When: 11/18/2014
12:00 PM
Where: Online Webinar
Presenter: Radek Knesl, FMI

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2014 November Webinar: Common Practices and Effectiveness of Incentive Compensation
Date: November 18, 2014
Location: Webinar

Incentive compensation is a huge investment. The U.S. construction industry has an enormous opportunity to improve the effectiveness of current incentive compensation programs, as only 37 percent of construction companies use industry market data to ensure adequate incentives. It can be challenging to create an incentive plan that supports your strategic objectives, motivates attainment of stretch goals, provides desired returns and behaviors and yields results. FMI set out to answer some basic questions to find out what makes incentive compensation more effective in the eyes of top executives in the construction industry. The results of this incentive compensation survey will be revealed during this presentation.
  • Discover the seven critical issues that are common practices in the construction industry that need to be addressed in order to improve the effectiveness of your incentive program.
  • Understand why paying discretionary bonuses are not effective for moving your company forward.
  • Learn how total rewards can attract and retain the best talent and increase your return on investment.
  • Discover how to effectively balance the incentives to minimize unintended consequences such as divisional silos and free riders.
  • Learn how to avoid the pitfall of paying out bonuses in lean years and ensure adequate time for proper transitions to new plans.

This live, 90-minute webinar starts at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time. Your registration allows access with one internet connection and one telephone line. Project the webinar on a screen or wall and listen to it on a speakerphone for a group training event at your office! After the program, you'll receive instructions to download a copy of the presentation to view as a video-on-demand, whenever and as many times as you'd like. You will also receive a printable ASA Certificate of Completion.
 
Presenter: Radek Knesl, FMI
 
Registration Fee: $99 for ASA members / $179 for nonmembers
 

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