Advisor: Zachary Weinberger
Problem: A mid-sized, privately held company felt there was a better way to manage their bonus program. Historically, at the end of each year the president had given bonuses on a fully discretionary basis.
Solution: Our advisor worked with the company president and senior management team to develop a competitive, goal-based bonus plan.
Outcome: The result was a plan that helped drive desired results and allowed participants to know the basis for their earned bonuses.