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Computerized incentive compensation

  • US 6,055,511 A
  • Filed: 11/30/1998
  • Issued: 04/25/2000
  • Est. Priority Date: 11/30/1998
  • Status: Expired due to Fees
First Claim
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1. A method for providing computerized incentive compensation, said method comprising the steps of:

  • (a) storing data on income and expenses associated with individual projects in a first database;

    (b) storing data on employees in a second database;

    (c) subtracting expenses from income to produce a balance;

    (d) if the balance exceeds a threshold amount, then using the computer to calculate the amount of incentive compensation as a percentage of the balance; and

    (e) apportioning the amount of incentive compensation among employees.

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