Three Ways to Streamline Your Compensation Management Reporting

Three Ways to Streamline Your Compensation Management Reporting

The number one priority with incentive compensation management (ICM) is paying commissions accurately and in a timely manner. A strong reporting strategy should be tied to this process, which can make a significant difference in terms of building employee trust and in increasing productivity. A typical example of how reporting can impact ICM processes is the Compensation and Detail Statement. When designed well, this type of report...