Incentive Programs
Knowledge of incentive planning tools, techniques and procedures; ability to develop and implement incentive and rewards programs.
Behavior Statements
Identifies the effectiveness of organizational incentive plans.
Describes typical incentive programs and trends within the market.
Cites external sources and market analysis related to incentive programs.
Identifies professional organizations, publications and tools relevant to incentive programs.
Assists in the development and implementation of incentive programs.
Participates in activities related to incentive programs planning like incentive review.
Generates performance and incentive review reports using appropriate software.
Calculates and delivers payment data to payroll according to incentive agreements.
Monitors and tracks incentive spending against a defined budget.
Designs and develops multiple incentive programs for different groups within the organization.
Compares key benefits and limitations of alternative incentive programs.
Recommends new approaches to incentive planning.
Manages internal and external surveys and evaluations of various incentive programs.
Evaluates the interrelationships of various incentive programs to each other.
Presents new incentive plans to line managers and department heads.
Directs the design, development and implementation of multiple incentive policies and strategies.
Promotes incentive programs in line with the organization's overall compensation philosophy and business goals.
Compares and contrasts the organization's incentive programs with others in the same industry.
Oversees the new incentive planning process and resolves queries and disputes.
Establishes a bridge between incentive plans and other rewards and recognition programs.
Plays leadership role in the delivery of incentive plan information, policy, and procedural training.
Interview Questions
- How did your organization decide which employee groups would be eligible for incentives?
- What steps did you take to ensure that incentive programs were supporting overall business objectives.
- Tell me how your organization's incentive plans improved an aspect of the organization's operations.
- Tell me about your involvement in developing incentive programs.
- Tell me about any exposure you have had to organizational incentive programs.