Incentive compensation plans are used to attract and retain top managerial talent as well as to align the interests of management with shareholders.

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Incentive compensation plans are designed to motivate and reward employees for achieving specific goals or objectives. These plans can be used to attract and retain top managerial talent by offering competitive compensation packages that align with the interests of shareholders. Additionally, incentive plans can help to promote a culture of performance and accountability within an organization.

Incentive Compensation Plans Are Used to Attract and Retain Top