The importance of effectively communicating compensation plans
The importance of effectively communicating compensation plans
The importance of effectively communicating compensation plans. Often, the focus is put on designing the plan, but in fact, communicating it should be considered equally important for success.
What if the success of your share-based incentive plan has less to do with the design of it and more to do with how well you communicate it?
Yesterday, we hosted a webinar about the importance of effectively communicating compensation plans. Often, the focus is put on designing the plan, but in fact, communicating it should be considered equally important for success. To picture it, one needs to run the full race.
The webinar focused on the difference between messaging and communicating. While the prior is limited to getting the message out, the latter includes three main aspects to get the message across: connecting, telling the story and making the complex clear.
This and much more was discussed in today's webinar. If you’re looking to enhance your communication around compensation, don’t hesitate to reach out. We’re here to help!
Please reach out to kristina.wichmann@allshares.com to book a meeting.