Incentive Based Compensation
Properly structuring a pay for performance compensation program for your key employees that is tied to profitability and performance measures is imperative to the long-term health of a company. When structured properly these programs will eliminate the entitlement mentality of employees, improve efficiencies and reduce waste, leading to increased profitability within your company. At Meridian Business Consultants we realize that all businesses are as unique as the individual owners and employees that comprise it and that an incentive based compensation program needs to be highly customized for each business and that there is no one size fits all. We will work with you to develop a program that rewards performance, promotes team work and encourages key employees to stay with your company for the long-term.