1. Meeting Objective: Developing a greater understanding of how compensation decisions need to be integrated with total reward system decisions (5:30 - 7:00 p.m.).

Pay for Performance: Principles and structures

Base Pay:

point factor

merit

market-based

other systems

2. Break

3. Pay for performance continued (7:15 - 9:00 p.m.):

Incentives:

samples of various plans

benefits and risks

how do incentives go wrong/why

4. Revisit previous Board work (9:00 - 9:30 p.m.).

Next steps