Pay-for-Performance: Practical Strategies That Incentivize Your Workforce In A Cost-Effective Way
|Date / Time:
Nearly 40 percent of employees say their compensation is tied to performance in some way, either at an individual, group, or company level, and one third of employees who work for organizations without any sort of pay-for-performance system say they would be more productive if their earnings were linked to performance-based outcomes.
Because pay-for-performance systems use bonuses and merit increases to motivate employees to go the extra mile, they can be a great way to achieve departmental or organization-wide goals. Sounds good, right?
But how do you know if your pay-for-performance system is working? Many employers miss the mark when it comes to executing the fundamental steps necessary to make their pay-for-performance plans successful.
As the economy improves and employees have more job opportunities available, it's important to learn the dos and don'ts of pay-for-performance plans so you can energize your workforce while keeping an eye on the bottom line.
Participate in this interactive webinar, and you'll learn:
- Strategies other organizations are using to properly assess employee performance rewards
- How to tell which pay-for-performance strategies really work and which are merely ineffective fluff
- Technical aspects of pay-for-performance plans that are crucial for developing a plan that motivates employees
- Telltale signs that your pay-for-performance strategies are more show than substance - and how to change that
- Practical pay-for-performance strategies that you can implement NOW
- Why execution and follow-through are crucial when it comes to pay-for-performance
- Reliable benchmarks for assessing the success of your program
In just 90 minutes, you'll learn tips to assess and improve your pay-for-performance program. Register now for this informative event for HR professionals.
About your Speaker:
Jim Kochanski is the senior vice president of the performance and rewards practice at Sibson Consulting and past leader of its organization and talent-management practice. He works with business leaders to improve their company's ability to execute strategy with stronger people programs and develops approaches and methods to help clients improve performance, upgrade talent and connect performance and rewards. With more than 20 years of consulting and corporate experience, Mr. Kochanski also consults on optimizing the effectiveness of corporate staff groups in such departments as information technology, human resources, and finance.
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.
|About Webcasts / Audio Conferences / Podcasts:|
Webcasts, audio conferences, and podcasts are presentations that you
attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.
versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without
any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back
at work immediately after the session ends!
And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous
times and to share it with others in your office.
Handout materials and the phone number for live presentations are made available to you prior to the event via email from the
presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.
|Licenses / Designations / Educational Credits:||PHR/SPHR|
All US States: 1.5
|About The Provider:
||BLR® is the leader in helping organizations, and their employees, reduce safety, environmental and employment compliance-related legal exposure, stay on the right side of law, and achieve their full potential. We offer best-in-class compliance product and services that includes news, information & analysis, best practice guidance, employee training and turn-key tools delivered in a wide range of formats from online applications, live events and websites to books, CD's, Video, Posters and newsletters geared to all sized organizations and industries.
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