Provides a brief analysis of the problems in the design of an effective compensation system, with particular emphasis on incentives. Provides an analytical framework for thinking about compensation. Topics include the composition of the pay package, benefits and training. The analysis of incentives discussed the trade-off between risk and incentives, the issue of performance measurement and the use of promotions as incentive compensation. Designed for use with a learning module on com … Read more »

Provides a brief analysis of the problems in the design of an effective compensation system, with particular emphasis on incentives. Provides an analytical framework for thinking about compensation. Topics include the composition of the pay package, benefits and training. The analysis of incentives discussed the trade-off between risk and incentives, the issue of performance measurement and the use of promotions as incentive compensation. Designed for use with a learning module for compensation.
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Michael J. Gibbs
4 pages.
Release Date: 08 January, 1990. Prod #: 490048-PDF-ENG
Note on compensation and incentive systems HBR case solution