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This document will assist you in creating an incentive KPI (Key Performance Indicator) plan for your business. The incentive KPI plan should be used in association with the Incentive and Bonus Policy (another HR Advance document), unless your business already has such a plan in place.
If your business already has an existing incentive KPI plan, the incentive and bonus policy will need to be amended to reflect this. If you wish to use the KPI plan and not the incentive and bonus policy, some amendments may be required.
Any reference to the KPI plan throughout the commentary includes a reference to the incentive and bonus policy.
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