A new study collects best practices and invites HR experts to share insights. In order to develop novel benchmarks for compensation strategies and evaluate their effectiveness, researchers Prof. Dr. Sydnee Caldwell (UC Berkeley) and Ingrid Hägele (UC Berkeley and ifo Institute) are conducting a unique survey in collaboration with the ifo Institute in Munich. Thousands of HR and compensation experts in Germany are invited to share their insights in the 15-minute online survey.
Compensation structures incentivize performance and facilitate hiring and retention of skilled employees and managers. But how to optimally design incentive packages? Compensation may include a combination of direct salary, starting bonuses, end-of-year performance bonuses, equity grants or stock options, and non-pecuniary benefits. Among others, equity compensation is often used for incentivizing skilled employees, particularly in innovation-oriented technology businesses. T