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Compensation
Strategy
Your Company Name
Compensation
• Base Pay
• Wages
• Salaries
• Variables Pay
• Bonuses
• Incentives
Benefits
• Health / Medical Insurance
• Life/ disability Insurance
• Paid time off
• Retirement
• Educational assistance
• Work-life Support
Performance & Talent Management
• Performance appraisals
• Goal Setting
• Training
• Human resource development
• Career & succession Planning
Compensation
Breakup
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Total
Rewards
2
01
02
04
03
Straight
Salary
With this type of
structure, you’d pay your
sales people a straight
competitive salary like all
of your other employees,
& nothing else
Commission
Only
Commission only sales
compensation plans are
exactly what they sound
like—you pay your sales
people for the sales they
bring in & nothing else.
There is no guarantee of
income.
Territory
Volume
Territory volume sales
compensation plans are
most often used in team-
based corporate cultures.
They work through the
calculation of territory
volume at the end a
compensation period.
Salary plus
Commission
Most commonly plan
used. They’re structured
in a way that sales
people receive a lower
base salary along with
commission pay that
makes up the majority of
the total compensation
Different
Types Of
Compensation
Plan
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Pay-For-Performance Comparison Table
Where It
Would Work
Pay-for-
Performance Concept
Where It
Wouldn’t Work
Most any salary-based company Check out how to
do performance reviews in our guide
Annual Performance Bonus based on
Performance Reviews
Hourly companies like cafes, restaurants, or retail
stores, where turnover is high
Companies where all sales tend to be a similar
amount or have a similar profit margin, like a lead
generation company
Set Dollar Amount
for Each Sale, Appointment Set, etc.
Companies where sales and the profit per sale can
span a wide range; companies where sales are
unstable
Companies where sales and the profit per sale can
span a wide range
Set Percentage Amount for Each
Sale/Client Account
Companies where sales reps do not have the same
opportunities - i.e. certain reps get much larger
accounts than others
Hourly companies like cafes, restaurants, or retail
stores, where turnover is high
Monthly or Weekly Bonus Contests Salary-based companies
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Building A
Compensation Plan
Internal Assessment External Assessment Management
Job
Analysis
Job
Evaluation
Pay
Policy
Market
Analysis
Base
Pay Structure
Pay For
Performance
Communicate
The Plan
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5
Competitors Pay Plan
Job Profile
01 02 03 04
Competitor 1 Your Text Here Your Text Here Your Text Here Your Text Here
Competitor 2 Your Text Here Your Text Here Your Text Here Your Text Here
Competitor 3 Your Text Here Your Text Here Your Text Here Your Text Here
Competitor 4 Your Text Here Your Text Here Your Text Here Your Text Here
Competitor 5 Your Text Here Your Text Here Your Text Here Your Text Here
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Performance Based Appraisal Parameters
On-Target
Earnings
$xx, 000 Pay Mix (Base/Variable 65/35
Base Salary $xx,000 Annual Target Incentive $xx,000
Plan Components Qualified Leads Lead Closed
Component
Weight
80% 20%
Plan Mechanic Rate Rate
Cap None None
Performance
Period
Monthly Annual
Payout Frequency Monthly Monthly
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Once you have your compensation strategy set, it’s time to make sure
you have the systems in place to successfully implement that strategy.
You will need to set up several components, including state and federal
tax forms and workers compensation coverage
Choose Your
Payroll Software
Below is the list
of possible
payroll software
which can be
used by our
company
Software
01
Software
02
Software
03
Software
04
8
Performance Evaluation Parameters
Evaluation Item Service Rating
1. General Quality of Work 5 4 3 2 1
2. Dependability 5 4 3 2 1
3. Job Knowledge 5 4 3 2 1
4. Communication Skills 5 4 3 2 1
5. Personality 5 4 3 2 1
6. Management Ability 5 4 3 2 1
7. Contribution to Group 5 4 3 2 1
8. Productivity 5 4 3 2 1
9. Achievement of Goals 5 4 3 2 1
10. Other: 5 4 3 2 1
05 04 03 02 01
Excellent Very Good Good Fair Poor
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Employee
Performance
Summary
What Are Employees Key Strength Areas
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your audience's attention.
What Are Employees Pain Points
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your audience's attention.
What Are The Improvement Areas
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your audience's attention.
10
What are the important
accomplishments over the past year?
What are your supervisors key
strengths & weaknesses?
Other concerns you would like
to discuss?
Employee
Feedback
11
Coffee
Break
Let’s Start again in
30 Minutes
This is a representative image, and should be
replaced by your own image. Just right click
and replace image.
12
Compensation Strategy
Icon Slide
13
Compensation Strategy
Icon Slide Continued…
14
Charts &
Graphs
15
Line Chart
0
10
20
30
40
50
60
70
80
FY 01 FY 02 FY 03 FY 04 FY 05 FY 06 FY 07 FY 08
Inpercentage
In years
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
• Product 01 • Product 02
16
0%
10%
20%
30%
40%
50%
60%
2015 2016 2017 2018
• Product 01
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0%
10%
20%
30%
40%
50%
60%
2015 2016 2017 2018
• Product 02
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audience's attention.
Column Chart
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 17
Column Chart
0.5 0.8 1
1.6 1.9 2 2.4 2.8
3.4
1
1.5
2
2.5
3
3.5
4
5
6
0
2
4
6
8
10
2010 2011 2012 2013 2014 2015 2016 2017 2018
ExpenditureIn($Billions)
Years
• Product 01 • Product 02
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 18
Additional
Slides
19
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your audience's attention.
Managing Director
Julie Star
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your audience's attention.
CEO
Jack Lee
Our Team
20
About
Us
01 Your Text Here
02 Your Text Here
03 Your Text Here
04 Your Text Here
21
Comparison
37%
68%
42%
87%
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needs and capture your
audience's attention.
Text Here
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needs and capture your
audience's attention.
Text Here
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needs and capture your
audience's attention.
Text Here
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Text Here
22
This slide is 100%
editable. Adapt it to
your needs and
capture your
audience's attention.
60$
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editable. Adapt it to
your needs and
capture your
audience's attention.
70$
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your needs and
capture your
audience's attention.
80$
Financial
23
Quotes
Nature always
wears the
colors of the
spirit.
-Ralph Waldo Emerson 24
Timeline
2016
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to your needs and capture your
audience's attention.
Text Here
2017
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to your needs and capture your
audience's attention.
Text Here
2018
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to your needs and capture your
audience's attention.
Text Here
2019
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to your needs and capture your
audience's attention.
Text Here
25
This slide is 100% editable. Adapt it to your
needs & capture your audience's attention.
04
This slide is 100% editable. Adapt it to your
needs & capture your audience's attention.
03
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needs & capture your audience's attention.
02
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needs & capture your audience's attention.
01
26
Target
Mind Map
01
0203
04 This slide is 100% editable. Adapt it
to your needs and capture your
audience's attention.
Text Here
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to your needs and capture your
audience's attention.
Text Here
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to your needs and capture your
audience's attention.
Text Here
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to your needs and capture your
audience's attention.
Text Here
27
Venn
01 02 0403
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to your needs and capture your
audience's attention.
Text Here
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to your needs and capture your
audience's attention.
Text Here
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audience's attention.
Text Here
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to your needs and capture your
audience's attention.
Text Here
28
Thank
You
Address:
# street number, city, state
Contact Number:
0123456789
Email Address:
emailaddress@123gmail.com
29

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Compensation Strategy PowerPoint Presentation Slides

  • 2. Compensation • Base Pay • Wages • Salaries • Variables Pay • Bonuses • Incentives Benefits • Health / Medical Insurance • Life/ disability Insurance • Paid time off • Retirement • Educational assistance • Work-life Support Performance & Talent Management • Performance appraisals • Goal Setting • Training • Human resource development • Career & succession Planning Compensation Breakup • This slide is 100% editable. Adapt it to your needs and capture your audience's attention. • This slide is 100% editable. Adapt it to your needs and capture your audience's attention. • This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Total Rewards 2
  • 3. 01 02 04 03 Straight Salary With this type of structure, you’d pay your sales people a straight competitive salary like all of your other employees, & nothing else Commission Only Commission only sales compensation plans are exactly what they sound like—you pay your sales people for the sales they bring in & nothing else. There is no guarantee of income. Territory Volume Territory volume sales compensation plans are most often used in team- based corporate cultures. They work through the calculation of territory volume at the end a compensation period. Salary plus Commission Most commonly plan used. They’re structured in a way that sales people receive a lower base salary along with commission pay that makes up the majority of the total compensation Different Types Of Compensation Plan This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 3
  • 4. Pay-For-Performance Comparison Table Where It Would Work Pay-for- Performance Concept Where It Wouldn’t Work Most any salary-based company Check out how to do performance reviews in our guide Annual Performance Bonus based on Performance Reviews Hourly companies like cafes, restaurants, or retail stores, where turnover is high Companies where all sales tend to be a similar amount or have a similar profit margin, like a lead generation company Set Dollar Amount for Each Sale, Appointment Set, etc. Companies where sales and the profit per sale can span a wide range; companies where sales are unstable Companies where sales and the profit per sale can span a wide range Set Percentage Amount for Each Sale/Client Account Companies where sales reps do not have the same opportunities - i.e. certain reps get much larger accounts than others Hourly companies like cafes, restaurants, or retail stores, where turnover is high Monthly or Weekly Bonus Contests Salary-based companies This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 4
  • 5. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Building A Compensation Plan Internal Assessment External Assessment Management Job Analysis Job Evaluation Pay Policy Market Analysis Base Pay Structure Pay For Performance Communicate The Plan This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 5
  • 6. Competitors Pay Plan Job Profile 01 02 03 04 Competitor 1 Your Text Here Your Text Here Your Text Here Your Text Here Competitor 2 Your Text Here Your Text Here Your Text Here Your Text Here Competitor 3 Your Text Here Your Text Here Your Text Here Your Text Here Competitor 4 Your Text Here Your Text Here Your Text Here Your Text Here Competitor 5 Your Text Here Your Text Here Your Text Here Your Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 6
  • 7. Performance Based Appraisal Parameters On-Target Earnings $xx, 000 Pay Mix (Base/Variable 65/35 Base Salary $xx,000 Annual Target Incentive $xx,000 Plan Components Qualified Leads Lead Closed Component Weight 80% 20% Plan Mechanic Rate Rate Cap None None Performance Period Monthly Annual Payout Frequency Monthly Monthly This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 7
  • 8. Once you have your compensation strategy set, it’s time to make sure you have the systems in place to successfully implement that strategy. You will need to set up several components, including state and federal tax forms and workers compensation coverage Choose Your Payroll Software Below is the list of possible payroll software which can be used by our company Software 01 Software 02 Software 03 Software 04 8
  • 9. Performance Evaluation Parameters Evaluation Item Service Rating 1. General Quality of Work 5 4 3 2 1 2. Dependability 5 4 3 2 1 3. Job Knowledge 5 4 3 2 1 4. Communication Skills 5 4 3 2 1 5. Personality 5 4 3 2 1 6. Management Ability 5 4 3 2 1 7. Contribution to Group 5 4 3 2 1 8. Productivity 5 4 3 2 1 9. Achievement of Goals 5 4 3 2 1 10. Other: 5 4 3 2 1 05 04 03 02 01 Excellent Very Good Good Fair Poor This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 9
  • 10. Employee Performance Summary What Are Employees Key Strength Areas This slide is 100% editable. Adapt it to your needs and capture your audience's attention. What Are Employees Pain Points This slide is 100% editable. Adapt it to your needs and capture your audience's attention. What Are The Improvement Areas This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 10
  • 11. What are the important accomplishments over the past year? What are your supervisors key strengths & weaknesses? Other concerns you would like to discuss? Employee Feedback 11
  • 12. Coffee Break Let’s Start again in 30 Minutes This is a representative image, and should be replaced by your own image. Just right click and replace image. 12
  • 16. Line Chart 0 10 20 30 40 50 60 70 80 FY 01 FY 02 FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 Inpercentage In years This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. • Product 01 • Product 02 16
  • 17. 0% 10% 20% 30% 40% 50% 60% 2015 2016 2017 2018 • Product 01 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 0% 10% 20% 30% 40% 50% 60% 2015 2016 2017 2018 • Product 02 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Column Chart This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 17
  • 18. Column Chart 0.5 0.8 1 1.6 1.9 2 2.4 2.8 3.4 1 1.5 2 2.5 3 3.5 4 5 6 0 2 4 6 8 10 2010 2011 2012 2013 2014 2015 2016 2017 2018 ExpenditureIn($Billions) Years • Product 01 • Product 02 This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”. 18
  • 20. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Managing Director Julie Star This slide is 100% editable. Adapt it to your needs and capture your audience's attention. CEO Jack Lee Our Team 20
  • 21. About Us 01 Your Text Here 02 Your Text Here 03 Your Text Here 04 Your Text Here 21
  • 22. Comparison 37% 68% 42% 87% This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 22
  • 23. This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 60$ This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 70$ This slide is 100% editable. Adapt it to your needs and capture your audience's attention. 80$ Financial 23
  • 24. Quotes Nature always wears the colors of the spirit. -Ralph Waldo Emerson 24
  • 25. Timeline 2016 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 2017 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 2018 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 2019 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 25
  • 26. This slide is 100% editable. Adapt it to your needs & capture your audience's attention. 04 This slide is 100% editable. Adapt it to your needs & capture your audience's attention. 03 This slide is 100% editable. Adapt it to your needs & capture your audience's attention. 02 This slide is 100% editable. Adapt it to your needs & capture your audience's attention. 01 26 Target
  • 27. Mind Map 01 0203 04 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 27
  • 28. Venn 01 02 0403 This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here This slide is 100% editable. Adapt it to your needs and capture your audience's attention. Text Here 28
  • 29. Thank You Address: # street number, city, state Contact Number: 0123456789 Email Address: emailaddress@123gmail.com 29