Compensation strategy aligns performance with business objectives

To ensure clearer expectations for individual contribution, greater accountability for performance against expectations, greater differentiation in performance assessments and rewards, increase focus on desired results, drive achievement of strategic objectives and achieve greater organisational and individual accountability, BlueCross BlueShield of Louisiana, a US Health Insurance Provider, initiated a performance-driven compensation system (called the Performance Accountability System (PAS)). ...

BPIR Categories

9.5.1 Develop performance management approach
9.5.4 Develop & manage base & variable compensation