Creative and custom-tailored to your organization’s goals and industry, our short-term incentive plan design expertise will help you motivate employees and drive performance. From discovery through project completion, we’ll ensure that your short-term incentive plan complements your company strategy, goals, and culture.
Incentive compensation is one of the most effective tools for growing a business. In fact, research concludes that companies without incentive plans generally rank in the bottom quartile of performance relative to peers. An incentive program that is well designed and communicated attracts new talent, enhances productivity, and motivates your team to greater performance achievements.
Developing plans that drive success can be challenging – which is why clients seek Zayla Partners’ expertise. We help companies develop short-term plans that inspire employees to perform at optimal levels, and reward them for exceeding goals that are critical to a company’s strategic success. Find out more about what makes Zayla different.
Our approach takes into account how a client funds the program, as well as whether they can commit to it on an ongoing basis.
We leverage our expertise in the boardroom and classroom to ensure each client’s incentive plan is designed to drive strategic success by motivating executives and key employees to meet important goals.
We combine leading-edge market practices and client-centric perspectives to guide decision-making on key incentive plan design elements.
Zayla Partners is uniquely positioned to help you create incentives that mitigate risk and drive performance through all business cycles.
Our short-term incentive plan design process is client-centric.
We start by interviewing management and board members to develop a deep understanding of your organization’s compensation philosophy, as well as company culture and short- and long-term goals.
From these active listening sessions, we pinpoint key topics, areas of strength and weakness, and potential concerns. We conduct analytics, benchmarking how the external competitive market compensates and incentivizes key employees. Through this research-driven approach, we ensure a plan delivers appropriate pay for performance.
Our plans ensure that the relationship between pay and performance goals is meaningful and achievable, which will ensure a return on investment for both the company and its executives. Proper alignment encourages active ownership of performance metrics and prevents plan designs from turning “incentives” into “disincentives.”
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Think Forward with Zayla, Pay starts with Z™
Align your pay and governance structures and processes with your long-term goals. Call us or contact to schedule a consultation.
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