Tag Archives: Incentive compensation

What’s the barometer reading for incentive payouts when natural catastrophes take their toll?

aerial view of a tropic storm in the ocean moving towards land

Two tough years of natural catastrophe (CAT) events have battered property & casualty (P&C) insurers’ annual incentive plans (AIPs). But should plan participants, including underwriters, be held responsible for the weather? 2018 Willis Towers Watson pulse surveys on P&C insurers’ … Continue reading →

Behavioral economics: A powerful way to influence employee health and wellbeing

man sitting on a balance ball at a table typing on a laptop

Gaining a deeper understanding of human behavior – and using that understanding effectively – will help us influence people to make better decisions about their health. Professor Richard Thaler, a recent recipient of the Nobel Prize, sought to prove this … Continue reading →

Management is Needed: Not Incentive Compensation

Many theoreticians and more than a few executives take the position that incentive compensation is a powerful motivator. It therefore follows that careful crafting of the incentive compensation program is all that it takes to get the most out of a … Continue reading →