If a company has recently undergone a restructuring, you may encounter distinctive hurdles when it comes to compensating key employees. Previous equity-based incentive plans are often rendered obsolete, necessitating the establishment of new arrangements to motivate employees to meet demanding post-restructuring objectives. One commonly employed tool in this regard is the implementation of Management Incentive Plans (MIPs), aimed at ensuring employee retention and providing incentives for future performance.
A&M's Compensation & Benefits experts Brian Cumberland, J.D. Ivy, and Allison Hoeinghaus recently authored an article for ABI Journal, where they offer insights on the several crucial design elements that should be taken into account when crafting these MIPs. Learn more:
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