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Variable Pay and Incentive Systems

Well-designed incentive plans do more than hold out carrots and reward performance. If they are thoughtfully planned, they communicate key company objectives, align compensation with strategy and drive the kind of performance your organization needs. 

The QTI Group offers you the incentive experience of QTI Consulting.

QTI Consulting understands how incentives mesh with other elements of rewards and how the incentives communicate key company goals. We will assist in designing, budgeting and documenting effective incentive plans. We help select appropriate measures of short-term financial performance and long-term organizational progress.  We understand the pitfalls of poor incentive design and take you from the big picture of organization culture down to the details of the payout curve and the language of the plan document. 

QTI Consulting can help you establish achievable performance goals either through statistical analysis of performance trends or peer benchmarks that measure relative performance. We know the design tactics to address typical incentive issues such as disguised base pay, improper balancing of short-term performance with long-term risk and windfall payouts. We can help establish the proper mix of base and incentives compared to the relevant labor markets and how to balance individual, team and organization performance. 

If you’d like to reward your employees with incentives that are simple, fair and aligned with organization goals, let’s talk. QTI Consulting is ready to guide you.

 

 

 

See the 2015 Human Resouces Planning Survey for Wisconsin.

Bank compensation planning used to be easy but that has changed.  Here are some tips to help instill confidence again.

Learn About Renewed Government Focus on Pay

Here are some of the current projects we are working on:

Performing an executive compensation study for a health care management organization.

Conducting a base compensation and structure analysis study for a property and casualty insurance company.

Updating base compensation and structure, and assessing the benefits package of an energy resources and efficiency organization.

Performing an executive compensation study for a nonprofit biomedical research organization.

Developing human resources career ladders for a utility.

Completing a global executive compensation study for a large international biotechnology company.

Conducting a base compensation study for a private university.

Performing a benefits package analysis for a large nonprofit organization.

Providing ongoing human resources management services, including strategic planning, job description development, and market pricing to a nonprofit manufacturing services organization.

Kicking off an executive compensation project for a biotechnology company.

Updating base compensation and making adjustments to the pay structure of a large business association organization.

Conducting an employee satisfaction survey for a youth and leadership camp.

Performing an executive compensation market analysis study for a health care organization.

Conducting a staff base compensation market analysis for a large nonprofit organization.

Updating base compensation market pricing and adjusting the pay structure of a health care services organization.

Providing succession and transition plan development guidance to a foundation.

Conducting a staff base compensation study for a nonprofit advocacy organization.

 

 

 

 

 

 

 

 

QTI News

The QTI Group is proud to be recognized by the community for these outstanding awards:

Star of Madison for best staffing company for 2013. Thanks to the readers of madison.com and the Wisconsin State Journal who voted for us!

Madison Magazine's "Best Places to Work" award. Read more about our award here.

Greater Madison's Best Companies to Work” by In Business Magazine

#1 Preferred Local Staffing Firm by members of In Business Magazine’s Executive Register

2011 Outstanding Business Award from the Greater Madison AFP Chapter- National Philanthropy Day Celebration