Question: develop an Incentive Compensation plan which is competitive but which assures that your company will not pay out more in Incentive Compensation than can afford

develop an Incentive Compensation plan which is competitive but which assures that your company will not pay out more in Incentive Compensation than can afford (See the initial Term Project overview).

You will need to develop one plan for your sales force which is based on sales, profitability, and customer satisfaction.

You will need to develop a second plan for your managers which is based on a "balanced scorecard" video that includes revenue, profit margins, market share, associate/employee satisfaction and customer satisfaction.

You need to rationally support WHY you designed your Compensation Plans the way you did. (please try to do a fresh research not one has been posted already. thanks.)

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