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Corporate governance is a growing issue for many companies.
Jo Walker explores how compensation
management can provide
much-needed transparency.
The majority of companies, certainly in Europe, still
rely on spreadsheets and bespoke software systems to administer commission and bonus payments. In principle, these tools are perfectly adequate and do a reasonable job...
The last
bastion of old-school calculation methods lies in incentive compensation.
Jo Walker asks if you could say goodby to spreadsheets once and for all.
Today, variable pay – incentive compensation management
(ICM) – embraces all aspects of reward for pay performance programmes. This might encompass incentive schemes, commission and bonus pay, as well as general incentives and non-cash prizes....
Payroll & Human Resources magazine
To subscribe to Payroll & Human Resources magazine, please contact the LexisNexis Customer Services team on
0845 3701234.
Computer technology has changed the way organisations work, bringing
benefits in both productivity and profitability. But while packages are
increasingly being utilised by HR to plan pay budgets, Jo Walker, Managing Director of Incentive Compensation Management software company
Practique, argues the full business potential has yet to be realised.
Thomson - IDS - Executive Compensation Review
The monthly IDS Executive Compensation Review (ECR) keeps subscribers up to date on the salaries, benefits and labour market for managers and professionals. It also monitors the salaries and bonuses paid to directors.