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Detailed Plan Design and Costing

This work includes everything described in the assessment, above, and fleshes out and finalizes all the details of a new plan, including:
§  Salary ranges

§  Target incentive amounts

§  Detailed performance measure descriptions

§  Crediting rules

§  Payout tables

§  Commission rates

§  Timing of measurement and payment
It is an iterative process where we work through the plan designs with a project team in increasing detail over the course of 2-3 meetings.  When the full plan details have been specified, we then conduct costing analysis under a range of performance scenarios to identify the overall cost of the plan as well as the financial impact of the plan on a sample of individuals.  Those analyses may result in further plan adjustments, such as modification of commission rates and payout curves.

The key deliverables are a final report and a set of plan abstracts that specify all plan details.  Communication deliverables are separate.









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