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Performance and Rewards: Differentiate Only When It’s Worth It

Visier

Merit-based rewards are seen as a hallmark of a “high performance culture.”. 91% of companies linked pay to performance in 2011 , up from 78% in 2009. 89% of companies differentiated performance using numerical ratings in 2014-2015. The typical assumption is that more differentiation is better.

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5 Keys to Building a Human-Centric Performance Management Process

Bonusly

Here are four keys you can begin implementing today to support a more human-centric performance management process: Build Genuine Relationships. Many of the big successful firms are abandoning traditional performance reviews. Formal annual performance reviews are outdated. Empower your team, and do not micromanage.