Compensation & Benefits Review

Long-term incentive-retention plans, regardless of their specific forms, allow companies to reward equitably, motivate, and retain their managers. They place the "fire" for achievement in its proper place.

Given stockholder and regulatory agency attention to top-executive compensation and perquisites, it is understandable that boards of directors and board compensation committees are looking for expert staff work from the company's human resources officer and his or her compensation specialist.

The well-established principles of behavior modification are readily applicable to incentive programs and offer an empirically proven guide to their design and implementation.