When designing an incentive plan it is common to base it on the operating cash flow or EBITDA. What are the pros and cons of using this type of metric for an incentive program?

This DB has three parts.

Discuss the different types of compensation.
When designing an incentive plan it is common to base it on the operating cash flow or EBITDA. What are the pros and cons of using this type of metric for an incentive program?
How can a compensation method be used to assist with employee retention?

This DB has three parts.

It is important that disciplinary rules be in writing and easily accessible to all employees. This will minimize the misunderstanding of the standards that are expected. Discuss what the rules should be relating to (i.e. health and safety).
What is the benefit of having a rule in place for these areas?
How often should the disciplinary rules be changed or updated?

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