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CFO Series: Design Incentive Compensation Plans That Work!

Oct 3
11:00 - 1:00 p.m.

Online

2.00-Ethics
CPE Credits

Incentive plans change behavior, but do they really incentivize the performance we want? This seminar will examine incentive plans to see which ones work and which do not. We will also examine difficult issues, such as what happens when we have upper and lower limits on incentives. How do we recognize performance in divisions facing different challenges? Sadly, too many incentive plans do not achieve the intended goals. Learn from the many mistakes made by others so your incentive plans will work as planned!

After attending this presentation, you will be able to...

  • Design an incentive compensation plan that fits the needs of the organization.

Highlights

The major topics that will be covered in this course include:

  • What are incentive plans really trying to achieve?
  • Types of incentive plans commonly found.
    • What are the advantages and disadvantages of each?
  • What makes a plan work or fail.
  • Compensation methods – stock, options, cash, etc.
  • Specific issues in design – the unequal challenge, upper and lower limits, and tying to objectives.
  • How to test a plan to ensure that it will work.

Registration

PICPA Member: $89
Nonmember: $114

More Information

Course No. KIDMDIC2 Level: Intermediate

Prerequisites: At least six (6) months of professional financial statement analysis experience and at least 6 months in a professional environment.

Notes
You will receive an email confirmation with the course link and details. This email will come from webinars@cpacrossings.com. If you do not receive this email immediately after your registration has been processed, first check your spam folder. If you still cannot locate the email, call the CPA Crossings Webinar Helpdesk at 877.370.2220 for assistance.

Speaker(s)

Donald Minges