Paying Employees for Performance
A Powerful Strategy
Linking employee performance to pay is a powerful strategy that aligns individual contributions with the company’s success, creating a win-win situation for both the employee and the organization. Here's how we can help you implement performance-based pay and why it's motivating:
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Equity in Pay Review
A person's pay is very sensitive and brings emotional value to the employee. We will provide a job by job review to ensure that each person is paid fairly for the work being performed and in comparison to their peers. Most organizations either do not have the time or objectivity to conduct an impartial review of internal pay comparisons . HR Reward Strategies can do this for you!
Pay for Performance Philosophy
Individual performance ratings should have a direct correlation to compensation received. We will help you to use your payroll dollars wisely by outlying achieved objectives which support pay and bonus payouts
Why Being Paid for Great Performance is Motivating
1. There are clear rewards for an employee’s effort. 2. The individual’s performance is aligned with established goals. 3. Each employee is provided a sense of achievement. 4. Your organization will gain increased engagement and loyalty from your teams.
