Incentive Management Solution
Human resource consultants as well as sales executives agree that having a proper incentive program based on measurable performance indicators is an important motivational tool. In concept, it sounds easy to implement. However in practice, it is very difficult to implement consistently. You need to figure out for each job position, what performance measurements will apply and then pay your associates for meeting or exceeding their performance goals.
If your organization is currently tracking your incentive payments manually or by spreadsheet, you know first hand that this can become a grueling task. Here are just a few items to consider:
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Different jobs require different performance measures
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For your institution, this may involve 5 to 20 different performance plans
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Goals need to be collected, set and maintained
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Each plan requires collecting results data with accuracy
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Employees need timely and accurate progress reports
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Managers need timely and accurate reports for coaching
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Senior Executives require roll-up progress reports
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Quest provides a flexible and easy to use incentive management solution that uses a combination of consulting and technology to automate the complete variable compensation incentive tracking and payment functions.
Quest then implements by providing consulting services to help decide which measurements should be collected for each job function or incentive plan. Quest can then implement our Sales Incentive Manager application to totally automate the incentive management tasks. Using a powerful calculation engine, this application accurately maintains and calculates performance and incentive payments for each participant. By providing accurate and timely reports to both participants and managers, the solution supports your active sales culture and delivers undisputable results.

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