Considerations for compensation plans are complex and include: Wage Laws, Unions, Recruitment and Retention, and Productivity and Performance incentives, just to name a few. Mergers/acquisitions also create wrinkles in our planning. While this topic will vary widely state to state, we will seek to understand current trends and opportunities in our comp plans while exploring questions like:
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What are the current types of pay plans in practice?
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Who's innovating on the traditional models and/or piloting variations?
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What is the upside or downside for changing models?
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Where should we be headed as an industry overall with respect to the compensation issue?
This is a roundtable format with a cameras-on expectation.
