Variable Pay Plan Interest in Low Wage Growth Environments

Matt Shefchik, Assistant Vice President, Total Rewards Consulting | Cottingham & Butler

In part two of our Compensation & Total Rewards Trends series, Matt Shefchik, who leads Total Rewards Consulting at Cottingham & Butler, dives into variable pay plans and why they're gaining traction in today's low wage growth environment. From formulaic incentive structures to spot bonuses and recognition programs, Matt breaks down how organizations are using variable pay to drive performance, reward top talent, and build flexibility into their compensation strategy. Watch the video below to see what the data says and what it might mean for your organization.