Gaining importance and popularity, incentive pay is the topic of many networking conversations. While credit unions are nonprofits, the bottom line, net worth and other financial measures depend on the focus of most every employee.

But what are the principles of this kind of compensation – of which there are many different kinds? Discover principles, concepts, and criteria that can form the basis of your emerging system, or a way of evaluating your existing system.

After This Session Participants will:

• Understand there are foundational principals under incentive plans.
• Articulate proper incentive criteria and measurements.
• Share samples of systems in place today.
• Describe necessary differences between the top to the bottom of the organization.

Program Length  1.5 hours.

Primary Audience: Executive and managerial staff.
        CU Directors and supervisory committee members for improved oversight.

Other Notes — We encourage participants to bring their incentive compensation systems policies with them for discussion and comparison.