In an industry still reeling from the recent recession, A/E firms continue to explore new ways to provide competitive employee compensation while controlling labor expenditures. - How do your bonus plans compare to other firms?
- What kinds of incentive compensation programs are the most successful in attracting top talent as well as motivating and retaining current employees?
- How do firms your type, size, or location, calculate bonus amounts?
- Among your peers, has spending on incentive compensation increased or decreased this year?
- How will spending change in the future?
- What are the challenges in providing competitive and effective incentive compensation programs?
If your firm is grappling with questions like these, ZweigWhite’s 2011 Incentive Compensation Survey can help you create a competitive incentive compensation plan that attracts and retains top talent.
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The 2011 Incentive Compensation Survey provides important data that firms can use to:
- Improve the programs you already have in place
- Start up new plans from scratch
- Decide who should receive which types of bonuses, how often, and at what amounts
- Find out how firm leaders rate different plans
- Discover which bonus types have been the most successful for motivating, recruiting, and retaining staff
Get specific information on:
- Average amount paid out per signing, referral, performance, and other bonus plans
- Total and individual incentive compensation plan spending as a percentage of total payroll
- Total and individual incentive compensation plan spending per employee
- Actual formulas for calculating compensation plans in use among firms like yours
- Percentage of pretax profits firms set aside for firm-wide profit sharing pools
Topics covered include:
Profit Sharing: Industry research shows nearly all firms base bonuses on company profits, and close to half of firms have profit-sharing plans. With firms’ actual formulas, eligibility standards, and annual spending, this report will show you what your competition is doing in regard to profit sharing.
Performance Bonuses: In order to rise above your competition, it’s important to know what other firms in the business are doing in terms of rewarding high performing employees. Whether they’re using metric criteria or qualitative ratings to calculate the amounts, this report will tell you how much firms are spending on performance bonuses.
Signing and Retention Bonuses: Often a large factor in obtaining top talent, this type of incentive compensation plan can make the difference between a potential key employee choosing to work at your firm or with one of your competitors. Find out what other firms like yours are doing to draw in and retain the top talent in the field.
The 2011 Incentive Compensation Survey is the all-inclusive report to help you make informed decisions related to incentive compensation plans. Broken out by 11 types of incentive compensation plans, this report will help your firm understand what kind of financial investment your firm should make to be competitive in today’s hiring market. You won’t find this kind of data anywhere else!
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Chapter 1—About the Survey
Firm type • Year founded • Region of headquarters • Staff size • Number of offices • 2010 net service revenue • 2010 total payroll • Total payroll as a percentage of net service revenue • Total payroll per employee • Client base • Growth rate • Firm profit Chapter 2—Incentive Compensation Overview
Incentive compensation spending • Future incentive compensation spending • Most successful plans • Least successful plans • Biggest challenges • Management of plans Chapter 3—Compensation for Senior Management
Compensation for firm owners • Equity-based incentive plan overview • Equity-based incentive plan challenges Chapter 4—Profit-Sharing Plans
Profit sharing overview • Profit sharing contingencies • Profit sharing calculations • Profit sharing eligibility • Profit sharing distributions • Profit sharing success Chapter 5—Hiring Bonuses
Signing bonus overview • Signing bonus distributions • Signing bonus contingencies • Signing bonus success • Retention bonus overview • Retention bonus calculations • Retention bonus eligibility • Retention bonus distributions • Retention bonus success • Referral compensation overview • Referral compensation eligibility • Referral compensation distributions • Referral compensation success Chapter 6—Performance-Based Bonuses
Performance bonus overview • Performance bonus calculations • Performance bonus eligibility • Performance bonus distributions • Performance bonus success • Spot bonus overview • Spot bonus distributions • Spot bonus success Chapter 7—Project & Sales Bonuses
Project bonus overview • Project bonus calculations • Project bonus distributions • Project bonus success • Sales commissions overview • Sales commissions eligibility Chapter 8—Holiday Bonuses & Service Awards
Holiday bonus overview • Holiday bonus distributions • Holiday bonus success • Service award overview • Service award distributions • Service award success |
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