RALEIGH, N.C. (June 13, 2013) – FMI, a leading provider of management consulting and investment banking to the engineering and construction industry, announces the release of its 2013 study on the effectiveness of incentive compensation in the U.S. construction industry. The report is based on the survey results from 224 top executives. Of those studied, 88 percent of the companies are offering incentive plans. However, only 21 percent of those offering the plans consider them to be working “very effectively.” To help answer why, the study looked at the seven critical issues providing best practices for each.  1.    Discretionary vs. Structured – The executives of companies offering structured plans state that having a structured incentive plan is not only more fair to their participants, but...