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One methodology used to increase an organization’s productivity and profitability is to link performance pay with the organization’s goals. When instituting a pay-for-performance system, companies focus on translating organizational goals into performance measures at every level of the organization, from senior leaders on down. Discover how linking performance pay with organizational goals can boost productivity and benefit your organization. You can make huge improvements in employee engagement through effective performance management.
WHY SHOULD YOU ATTEND
Organizations spend an enormous amount of time, energy, and resources each year to set their organizational goals. To attain those goals, a company relies on their greatest asset: their employees. Employees who feel recognized demonstrate a stronger desire to help the company grow and succeed.
Therefore, linking pay to performance could leverage employee engagement and enhance overall organizational performance.
Alignment between an organization and its employees doesn’t come naturally – it takes planning, hard work, and communication. Learning effective techniques to optimize organizational outcomes by ensuring there is a “line of sight” connection between organizational objectives and the goals established for individual employees is crucial.
Participation in this webinar will offer attendees the opportunity to learn techniques to link performance pay with organizational goals resulting in better employee engagement through effective performance management, boost in productivity and numerous other benefits.
Participants in this webinar will gain an understanding of how linking pay to performance encourages exceptional performance among employees. They will be able to recognize the link between employee engagement and performance management.
Tips to get buy-in from all levels of the organization will be discussed. Participants will learn methods to identify the characteristics of effective goals and understand the relationship of professional development and goals. Additionally, participants will be able to create a “line of sight” connection between company, group, and individual goals.
WHO WILL BENEFIT
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