Companies with large sales forces, huge product portfolios, and complex incentive plans with many variables need to offer variable pay. This has created opportunities for a new enterprise software category called enterprise incentive management (EIM), or incentive compensation management (ICM).
research on scm for insurance management
providing for easy entry, research, and communication of compensation-related disputes In general, insurance, health care, financial services, and certain manufacturing companies (such as high tech) are prime users of full-blown EIM solutions. Large enterprises with several hundred sales employees use these systems to model, set up, administer, analyze, and report on incentive management plans that compensate employees and distribution channel partners for the achievement of targeted quantitative and