



How can a STIP be used to drive efficiency?
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what is short term incentive plan Informational
- What are the governance structures for overseeing a STIP? How does a STIP compare to spot bonuses?
- How can a STIP be used to improve customer satisfaction?
- What are the different types of performance goals used in STIPs? What are the fundamental principles behind designing a successful STIP?
- How can a STIP be used to foster a culture of accountability?
- What are the key success factors for a STIP? How can a STIP be used to reward innovation?
- How can a STIP contribute to improved productivity?
- Purpose and Goals
- What is a performance scorecard and how is it used in STIPs? How does a STIP relate to base salary and benefits?
- How does a STIP differ from other types of employee compensation?
- How can a STIP attract and retain talented employees?
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