Picture this: It’s a typical in-office day for your hybrid team, and as you walk into the break room to refill your coffee, you notice a group of employees gathered together and talking over a news article in the local paper.

What elements do employers need to consider when creating incentive pay plans? Our partners at Terkel asked HR/recruiting professionals and business leaders  their insights on developing incentive pay plans.

Good employees can be hard to come by, so once you’ve found one that contributes to your business and works well with your team, you want to hang on to them.