Our incentive compensation plan audit service provides a review of your existing incentive plans. We evaluate how effectively your plans align with your strategic business objectives and identify areas of misalignment or underperformance.
If you require an expert to review your plan documents and determine if it follow best practices or if any significant flaws need improvement, this quick and efficient service is for you. The incentive audit will evaluate various areas such as:
- The definitive and complete reference to the plans
- A communication document to build excitement and loyalty and link the plan to the job and the financial and strategic objectives of the company
- A legal document
After reviewing the plan, we prepare a brief report identifying the plan's strengths and opportunities for short- and longer-term improvement. In presenting the incentive compensation plan audit report, we explain the rationale for our opinions.