VisionLink Compensation Blog https://blog.vladvisors.com/blog en-us Mon, 07 Nov 2022 18:00:01 GMT 2022-11-07T18:00:01Z en-us Will Your Bonus Plan Fail Again Next Year? https://blog.vladvisors.com/blog/how-to-build-the-perfect-incentive-plan <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/how-to-build-the-perfect-incentive-plan" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Incentive%20Plan%20Success%203.jpg" alt="With a weak economy, too many companies are assuming a vibrant recruiting strategy is no longer necessary. " class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Okay, maybe that’s not the most optimistic headline you’ll read today. However, it does reflect a statistical probability.&nbsp;</p> <a href="https://www.vladvisors.com/how-to-build-the-perfect-incentive-plan"></a> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/how-to-build-the-perfect-incentive-plan" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Incentive%20Plan%20Success%203.jpg" alt="With a weak economy, too many companies are assuming a vibrant recruiting strategy is no longer necessary. " class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Okay, maybe that’s not the most optimistic headline you’ll read today. However, it does reflect a statistical probability.&nbsp;</p> <a href="https://www.vladvisors.com/how-to-build-the-perfect-incentive-plan"></a> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fhow-to-build-the-perfect-incentive-plan&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> incentive programs incentive plan incentives incentives for employees Retaining Employees incentive planning Incentive Compensation Mon, 07 Nov 2022 18:00:00 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/how-to-build-the-perfect-incentive-plan 2022-11-07T18:00:00Z Is a Competitive Recruiting Strategy No Longer Necessary? https://blog.vladvisors.com/blog/whats-your-recruiting-strategy <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/whats-your-recruiting-strategy" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/employee%20experience-2.jpg" alt="With a weak economy, too many companies are assuming a vibrant recruiting strategy is no longer necessary. " class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Many companies are adopting the mistaken assumption that the softening economy means the country will soon experience greater unemployment—and that with more people out of work, the need for a robust recruiting and retention strategy will lessen. Their theory is a bad economy will cure the Great Resignation. People will be happy just to have a job and those battling for available positions will not have the luxury of being picky about their choices.&nbsp;</p> <a href="https://www.vladvisors.com/what-a-winning-employee-recruiting-strategy-looks-like-report"></a> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/whats-your-recruiting-strategy" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/employee%20experience-2.jpg" alt="With a weak economy, too many companies are assuming a vibrant recruiting strategy is no longer necessary. " class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Many companies are adopting the mistaken assumption that the softening economy means the country will soon experience greater unemployment—and that with more people out of work, the need for a robust recruiting and retention strategy will lessen. Their theory is a bad economy will cure the Great Resignation. People will be happy just to have a job and those battling for available positions will not have the luxury of being picky about their choices.&nbsp;</p> <a href="https://www.vladvisors.com/what-a-winning-employee-recruiting-strategy-looks-like-report"></a> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fwhats-your-recruiting-strategy&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Recruiting Top Talent Retaining Employees recruiting and retention Tue, 11 Oct 2022 15:00:00 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/whats-your-recruiting-strategy 2022-10-11T15:00:00Z How Has Your Compensation Offering Changed in the Past Two Years? https://blog.vladvisors.com/blog/how-to-effectively-link-compensation-to-results <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/how-to-effectively-link-compensation-to-results" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Comp%20offer.jpg" alt="How Has Your Compensation Offering Changed in the Past Two Years?" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Are your employees still participating in the same pay package your company was offering in 2019—before the lockdown? If so, it could be the reason so many of your people are leaving—or are about to. Employee expectations are changing on rewards, compensation and benefits issues, and many are exiting current positions if another company is willing to meet them. Here is what <a href="https://www.strategy-business.com/article/Rethinking-total-reward-strategies?utm_source=itw&amp;utm_medium=itw20220818&amp;utm_campaign=resp">research at PwC</a> has revealed:</p> <p style="padding-left: 40px;">“…Over the past decade, what people value in terms of [compensation and] employee benefits packages has changed, even though the fundamentals of corporate rewards have not. Year after year, most employers offer the same menu of choices—health benefits, pension contributions, gym memberships, cash incentives—without bothering to ask employees which ones they prefer and which ones they value most highly.</p> <a href="https://www.vladvisors.com/what-is-an-employee-value-proposition"></a> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/how-to-effectively-link-compensation-to-results" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Comp%20offer.jpg" alt="How Has Your Compensation Offering Changed in the Past Two Years?" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Are your employees still participating in the same pay package your company was offering in 2019—before the lockdown? If so, it could be the reason so many of your people are leaving—or are about to. Employee expectations are changing on rewards, compensation and benefits issues, and many are exiting current positions if another company is willing to meet them. Here is what <a href="https://www.strategy-business.com/article/Rethinking-total-reward-strategies?utm_source=itw&amp;utm_medium=itw20220818&amp;utm_campaign=resp">research at PwC</a> has revealed:</p> <p style="padding-left: 40px;">“…Over the past decade, what people value in terms of [compensation and] employee benefits packages has changed, even though the fundamentals of corporate rewards have not. Year after year, most employers offer the same menu of choices—health benefits, pension contributions, gym memberships, cash incentives—without bothering to ask employees which ones they prefer and which ones they value most highly.</p> <a href="https://www.vladvisors.com/what-is-an-employee-value-proposition"></a> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fhow-to-effectively-link-compensation-to-results&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Compensation and Performance Compensation and Business Growth Compensation and Culture Retaining Employees Great Resignation Thu, 01 Sep 2022 15:30:00 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/how-to-effectively-link-compensation-to-results 2022-09-01T15:30:00Z Have You Built an "Irresistible" Employee Value Proposition? https://blog.vladvisors.com/blog/have-you-built-an-irresistible-organization <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/have-you-built-an-irresistible-organization" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/love%20my%20job%206.jpg" alt="Have You Built an &quot;Irresistible&quot; Employee Value Proposition?" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>In 2015, Deloitte released the results of a study that evidenced a significant shift in the employer-employee relationship—one that had serious implications for the kind of value proposition businesses would need to provide. What Deloitte revealed seven years ago proved to be prophetic. In fact, if businesses would have acted on Deloitte’s recommendations in <em>2015</em>, they would not be having problems with the “Great Resignation” in <em>2022</em>.</p> <a href="https://www.vladvisors.com/what-is-an-employee-value-proposition"></a> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/have-you-built-an-irresistible-organization" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/love%20my%20job%206.jpg" alt="Have You Built an &quot;Irresistible&quot; Employee Value Proposition?" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>In 2015, Deloitte released the results of a study that evidenced a significant shift in the employer-employee relationship—one that had serious implications for the kind of value proposition businesses would need to provide. What Deloitte revealed seven years ago proved to be prophetic. In fact, if businesses would have acted on Deloitte’s recommendations in <em>2015</em>, they would not be having problems with the “Great Resignation” in <em>2022</em>.</p> <a href="https://www.vladvisors.com/what-is-an-employee-value-proposition"></a> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fhave-you-built-an-irresistible-organization&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Recruiting employee value proposition Retaining Employees Great Resignation Thu, 11 Aug 2022 00:42:49 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/have-you-built-an-irresistible-organization 2022-08-11T00:42:49Z There is an Opportunity Hiding Inside the “Great Resignation” https://blog.vladvisors.com/blog/there-is-an-opportunity-hiding-inside-the-great-resignation <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/there-is-an-opportunity-hiding-inside-the-great-resignation" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Engaged%203.jpg" alt="There is an Opportunity Hiding Inside the “Great Resignation”" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Believe it or not, there <em>is</em> a silver lining to the current attrition trend. But to discover it, a company must engage in what&nbsp; Harvard Business Review is calling the “Great Exploration.” Here’s how the business publication explains it:</p> <a href="https://www.vladvisors.com/how-employee-engagement-happens-report"></a> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/there-is-an-opportunity-hiding-inside-the-great-resignation" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Engaged%203.jpg" alt="There is an Opportunity Hiding Inside the “Great Resignation”" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Believe it or not, there <em>is</em> a silver lining to the current attrition trend. But to discover it, a company must engage in what&nbsp; Harvard Business Review is calling the “Great Exploration.” Here’s how the business publication explains it:</p> <a href="https://www.vladvisors.com/how-employee-engagement-happens-report"></a> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fthere-is-an-opportunity-hiding-inside-the-great-resignation&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Recruiting Employee Engagement Great Resignation Thu, 14 Jul 2022 17:44:49 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/there-is-an-opportunity-hiding-inside-the-great-resignation 2022-07-14T17:44:49Z Are You on Top of the Trend for Greater Pay Transparency? https://blog.vladvisors.com/blog/are-you-on-top-of-the-trend-for-greater-pay-transparency <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/are-you-on-top-of-the-trend-for-greater-pay-transparency" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Balancing%206.png" alt="Are You on Top of the Trend for Greater Pay Transparency?" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Multiple influences are creating a move towards greater pay transparency in corporate America these days. Founders Circle Capital explained it this way:</p> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/are-you-on-top-of-the-trend-for-greater-pay-transparency" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Balancing%206.png" alt="Are You on Top of the Trend for Greater Pay Transparency?" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Multiple influences are creating a move towards greater pay transparency in corporate America these days. Founders Circle Capital explained it this way:</p> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fare-you-on-top-of-the-trend-for-greater-pay-transparency&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> compensation philosophy and strategy compensation planning Employee Engagement compensation model Mon, 20 Jun 2022 15:00:00 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/are-you-on-top-of-the-trend-for-greater-pay-transparency 2022-06-20T15:00:00Z The 4 Keys of an Employee Value Proposition that Immunizes Against Attrition & Attracts Top Talent https://blog.vladvisors.com/blog/the-4-keys-of-an-employee-value-proposition-that-immunizes-against-attrition-attracts-top-talent <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/the-4-keys-of-an-employee-value-proposition-that-immunizes-against-attrition-attracts-top-talent" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Compelling%20Pay%20Offer%204-2.jpg" alt="The 4 Keys of an Employee Value Proposition that Immunizes Against Attrition &amp; Attracts Top Talent" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p><span>As you’re aware, a disturbing trend emerged in the wake of the pandemic. Businesses experienced a surge in employees leaving their companies. Survey data at the time indicated that just within the United States, 3.6 million employees resigned from their jobs in May, 2021 alone. To give you a sense of the scope of the problem at the time, here is the lead paragraph from a&nbsp;</span><a href="https://www.gallup.com/workplace/351545/great-resignation-really-great-discontent.aspx">Gallup Workplace article</a><span>&nbsp;summarizing the findings of its research last summer:</span></p> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/the-4-keys-of-an-employee-value-proposition-that-immunizes-against-attrition-attracts-top-talent" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Compelling%20Pay%20Offer%204-2.jpg" alt="The 4 Keys of an Employee Value Proposition that Immunizes Against Attrition &amp; Attracts Top Talent" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p><span>As you’re aware, a disturbing trend emerged in the wake of the pandemic. Businesses experienced a surge in employees leaving their companies. Survey data at the time indicated that just within the United States, 3.6 million employees resigned from their jobs in May, 2021 alone. To give you a sense of the scope of the problem at the time, here is the lead paragraph from a&nbsp;</span><a href="https://www.gallup.com/workplace/351545/great-resignation-really-great-discontent.aspx">Gallup Workplace article</a><span>&nbsp;summarizing the findings of its research last summer:</span></p> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fthe-4-keys-of-an-employee-value-proposition-that-immunizes-against-attrition-attracts-top-talent&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Employee Engagement employee value proposition employee retention recruiting and retention Fri, 17 Sep 2021 16:00:00 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/the-4-keys-of-an-employee-value-proposition-that-immunizes-against-attrition-attracts-top-talent 2021-09-17T16:00:00Z 3 Ways the Pandemic Should Alter Your Company's Compensation Approach in the Future https://blog.vladvisors.com/blog/learn-from-the-lockdown-3-ways-the-pandemic-should-alter-your-companys-employee-compensation-strategy-for-the-future <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/learn-from-the-lockdown-3-ways-the-pandemic-should-alter-your-companys-employee-compensation-strategy-for-the-future" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Business%20Future%207.jpg" alt="3 Ways the Pandemic Should Alter Your Company's Compensation Approach in the Future" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>I don’t think any would argue that the events of 2020 created a cosmic shift in the way companies operate in America and around the world. The lockdown had a broad and deep impact on enterprise leaders of businesses large and small. Each was thrust into a crash course on crisis management, cultural agility, structural adaptability, and—in some cases—enterprise survival. It was unprecedented and harrowing.</p> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/learn-from-the-lockdown-3-ways-the-pandemic-should-alter-your-companys-employee-compensation-strategy-for-the-future" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Business%20Future%207.jpg" alt="3 Ways the Pandemic Should Alter Your Company's Compensation Approach in the Future" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>I don’t think any would argue that the events of 2020 created a cosmic shift in the way companies operate in America and around the world. The lockdown had a broad and deep impact on enterprise leaders of businesses large and small. Each was thrust into a crash course on crisis management, cultural agility, structural adaptability, and—in some cases—enterprise survival. It was unprecedented and harrowing.</p> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Flearn-from-the-lockdown-3-ways-the-pandemic-should-alter-your-companys-employee-compensation-strategy-for-the-future&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Compensation and Performance incentives compensation planning compensation philosophy statement pay strategies Mon, 09 Aug 2021 17:00:00 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/learn-from-the-lockdown-3-ways-the-pandemic-should-alter-your-companys-employee-compensation-strategy-for-the-future 2021-08-09T17:00:00Z 5 Decisions that Will Ensure the Success of Your Long-Term Incentive Plan https://blog.vladvisors.com/blog/5-decisions-that-will-ensure-the-success-of-your-long-term-incentive-plan <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/5-decisions-that-will-ensure-the-success-of-your-long-term-incentive-plan" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Decisions.jpg" alt="5 Decisions that Will Ensure the Success of Your Long-Term Incentive Plan" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Most company leaders want their key people to share their commitment to business growth. For that to happen, those leaders must be willing to reward the sustained value creation their employees produce. In other words, owners must be prepared to share value with those who help create it—<em>and</em> they need to have a mechanism (plan) for doing so. Few enterprise leaders disagree with this. However, yet just as few actually institute a <a href="https://www.vladvisors.com/ltip-options-share-value-with-employees">long-term plan</a>—at least not one that’s effective.</p> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/5-decisions-that-will-ensure-the-success-of-your-long-term-incentive-plan" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Decisions.jpg" alt="5 Decisions that Will Ensure the Success of Your Long-Term Incentive Plan" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>Most company leaders want their key people to share their commitment to business growth. For that to happen, those leaders must be willing to reward the sustained value creation their employees produce. In other words, owners must be prepared to share value with those who help create it—<em>and</em> they need to have a mechanism (plan) for doing so. Few enterprise leaders disagree with this. However, yet just as few actually institute a <a href="https://www.vladvisors.com/ltip-options-share-value-with-employees">long-term plan</a>—at least not one that’s effective.</p> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2F5-decisions-that-will-ensure-the-success-of-your-long-term-incentive-plan&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Compensation and Business Growth long-term incentive plans pay and profits Incentive Compensation Mon, 19 Apr 2021 15:58:36 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/5-decisions-that-will-ensure-the-success-of-your-long-term-incentive-plan 2021-04-19T15:58:36Z How to Have Your (Compensation) Cake and Eat it Too. Create an Incentive Plan That Doesn’t Cost the Company Anything https://blog.vladvisors.com/blog/how-to-have-your-compensation-cake-and-eat-it-too.-create-an-incentive-plan-that-doesnt-cost-the-company-anything <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/how-to-have-your-compensation-cake-and-eat-it-too.-create-an-incentive-plan-that-doesnt-cost-the-company-anything" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Incentives%202-2.jpg" alt="How to Have Your (Compensation) Cake and Eat it Too. Create an Incentive Plan That Doesn’t Cost the Company Anything" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>So…is it okay to open our eyes yet? Is the scary part over? Can we relax now and stop worrying about what happened in 2020?</p> <div class="hs-featured-image-wrapper"> <a href="https://blog.vladvisors.com/blog/how-to-have-your-compensation-cake-and-eat-it-too.-create-an-incentive-plan-that-doesnt-cost-the-company-anything" title="" class="hs-featured-image-link"> <img src="https://blog.vladvisors.com/hubfs/Incentives%202-2.jpg" alt="How to Have Your (Compensation) Cake and Eat it Too. Create an Incentive Plan That Doesn’t Cost the Company Anything" class="hs-featured-image" style="width:auto !important; max-width:50%; float:left; margin:0 15px 15px 0;"> </a> </div> <p>So…is it okay to open our eyes yet? Is the scary part over? Can we relax now and stop worrying about what happened in 2020?</p> <img src="https://track.hubspot.com/__ptq.gif?a=436298&amp;k=14&amp;r=https%3A%2F%2Fblog.vladvisors.com%2Fblog%2Fhow-to-have-your-compensation-cake-and-eat-it-too.-create-an-incentive-plan-that-doesnt-cost-the-company-anything&amp;bu=https%253A%252F%252Fblog.vladvisors.com%252Fblog&amp;bvt=rss" alt="" width="1" height="1" style="min-height:1px!important;width:1px!important;border-width:0!important;margin-top:0!important;margin-bottom:0!important;margin-right:0!important;margin-left:0!important;padding-top:0!important;padding-bottom:0!important;padding-right:0!important;padding-left:0!important; "> Compensation and Business Growth pay and profits Incentive Compensation Tue, 09 Feb 2021 18:30:19 GMT kgibson@vladvisors.com (Ken Gibson) https://blog.vladvisors.com/blog/how-to-have-your-compensation-cake-and-eat-it-too.-create-an-incentive-plan-that-doesnt-cost-the-company-anything 2021-02-09T18:30:19Z