Tech Transfer eNews Blog

Creating Win-Win Incentive Plans for Tech Transfer Staff: The Emory University Model

By Jesse Schwartz
Published: August 13th, 2019

Giving your staff more skin in the game and rewarding team performance with monetary incentives will lead to happier staff, quicker deals, and increased licensing revenue. Just ask Emory University’s Todd Sherer.

It all started in 2003 when the Office of Technology Transfer was asked to propose an incentive plan. The purpose of the plan was to further motivate the OTT staff to support faculty development of marketable technology with the goal of increased licensing revenue. The metrics and weighting have been adjusted some over the years to ensure performance milestones are met before a pay-out can occur, but the results have been, and continue to be, a slam-dunk winner for the staff and the university.

While incentive and bonus plans have become more commonplace in TTOs, they are still the exception rather than the rule, and those who have implemented such plans have looked to Emory for guidance and best practice advice. That’s why Tech Transfer Central, in partnership with Todd Sherer, PhD, Emory’s Associate Vice President for Research and Executive Director for the Office of Technology, has scheduled this insightful and detailed webinar: Creating Win-Win Incentive Plans for Tech Transfer Staff: The Emory University Model, scheduled for September 12th. For complete program details and to register, CLICK HERE.

Also coming soon:

Posted under: Distance Learning, Tech Transfer e-News

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