Question: GUIDE QUESTIONS How will the FFG's strategy affect the formulation of the short-term incentive plan? Do you think that the current incentive plan is adequate

GUIDE QUESTIONS

  • How will the FFG's strategy affect the formulation of the short-term incentive plan?
  • Do you think that the current incentive plan is adequate to drive FFG's strategy?
  • What are the current problems revolving the short-term incentive plan? Why did the problem occur?
  • \Which are the options to rectify the issues? Which alternative should FFG pursue? What are the pros and cons?
  • What internal controls should FFG implement in addition to the new incentive program? What costs will be incurred as a result of this change?
  • What are your recommended action steps for FFG to take?

REFER TO CASE: Jenny Jiang (2020). First Financial Group: Designing Short-term employee incentive programs

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