How To Fix “Busted” Incentive Plans

CEOs and senior leadership teams have been doing the heavy lifting of keeping employees safe and healthy, safeguarding liquidity and building future business plans. All the while, 52% of companies have seen revenues erode 15% to 50% or more, according to a recent Korn Ferry Pulse survey. One of the downstream casualties of the current crisis is corporate short-term incentive plans that have moved from “achievable” to “highly unlikely” payouts due to the crisis. READ MORE