Healthcare, education and training, annual pay increases, and more than 60 incentive pays are a few of the benefits discussed in the podcast.
"The management wanted some 250 workers to give up their present incentive pay, which would have cut their daily wages by about $5 a man."
Figure 14—6 shows the results of one study identifying the criteria used to determine incentive payments for salespeople.
The motivation to avoid modifying second liens is likely to be stronger than a few thousand dollars in incentive payments for investors and servicers.
It also activates incentive payouts that go into a year-end bonus pool, and turns into increases in stock portfolio values for respective employees.
