Course description
Short-Term Incentive Plans
Train HR professionals to effectively communicate at a high level how to design a short-term incentive plan and how to overcome any challenges and risks.
This 1-hour online course is part of McLean & Company's Total Rewards Certificate within our McLean Academy learning platform, and completed courses count toward CPD/PDC hours and credits. McLean Academy is a self-paced eLearning program for HR professionals. The curriculum is built around McLean's HR framework and provides practical, outcome-driven advice on tackling HR initiatives.
After completing the 5 modules in this course learners will be able to:
- Explain the challenges facing short-term incentive plans and the importance of aligning a plan with key strategic objectives.
- Recall the design elements of a short-term incentive plan.
- Discuss the various risks inherent in short-term incentive plans and how to mitigate them.
Who should attend?
HR Professionals
Training content
Introduction
Short-Term Incentive Plans
Module 1
Align the STIP with key strategic priorities
Module 2
Design the STIP - Part 1
Module 3
Design the STIP - Part 2
Module 4
Plan the STIP payout and communicate,monitor and review the STIP
Costs
For more information about pricing, please visit the institute website.
Certification / Credits
Learning Outcome
Describe at a high level how to design a short-term incentive plan and how to overcome/mitigate any challenges and risks.
About mcleanco
McLean & Company
McLean & Company is the trusted partner of HR and leadership professionals around the world. Our memberships are designed to provide what you need to drive the organization forward – from full-service assessments to practical action plans, impactful training, and...
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Contact info
McLean & Company
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