Incentive Compensations for Contractors - Calculations

It is counterproductive to have an incentive program that is either too subjective or too objective.

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Contributors Sue Weiler-Doke Profile PictureSue Weiler-Doke David Brown Profile PictureDavid Brown

In order to achieve a perception of equity across your teams, the right balance needs to be found.

What if you can establish an incentive program for all levels, regardless of the type of work that you do or how it is managed, that is considered fair, equitable and achievable?

How do the best-in-class incentive programs leverage flexibility between subjectivity and quantified objectivity?

We’ll discuss the best practices for aligning your entire organization around common goals, and then establishing functional incentives that set your team up for success.


In this video series, Courtney Stearns, Sue Weiler-Doke, and David Brown discuss the most common questions we get from contractors about incentive programs, including a bunch of great questions from the audience.

This is Part 3 of a 20-Part Series


Topics Covered in the Series Include:

  • Mitigating the Talent Shortage
  • Union vs Open
  • Prerequisites
  • Behaviors
  • Alignment

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Incentive Compensations for Contractors - Calculations
Every successful and profitably growing contractor we work with has a comprehensive and integrated set of incentive programs in place at all levels of the organization. These programs reinforce the daily actions and behaviors that make them successful. ...

Incentive Compensations for Contractors - Calculations
Every successful and profitably growing contractor we work with has a comprehensive and integrated set of incentive programs in place at all levels of the organization. These programs reinforce the daily actions and behaviors that make them successful. ...

Urgent vs Important
Every person on the planet has the same 24 hours in a day - it’s how we use those 24 hours that differentiates us. What’s truly important that you can do today, this week and this month that will move your life forward in a meaningful way.
Two Planning Dimensions
Some of the impacts you see on a project are not as clear as a design change, conflict, or obviously changed condition. Some impacts, such as poor project sequencing or congested work areas are hard to notice if you don’t have good tracking systems.
Incentive Compensation for Contractors - Prerequisites
From Stephen Covey’s top selling book, “Seven Habits for Highly Effective People,” Habit #2 is to “Start With The End in Mind.” This principle applies to organizations in general and incentive programs in particular.