Remove Bonuses and Incentives Remove Books Remove Career Development Remove Performance Management
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What is Performance Management – The Purpose and Importance

Keka HR Blog

This reveals the power of smart performance management. Not the anxiety-inducing annual reviews, but a dynamic system that develops struggling employees and retains top talent. Example: TCS and Infosys use performance frameworks to synchronize employee KPIs with corporate goals, ensuring team alignment.

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What Does a Bonus Mean?

Compensation Cafe

After all, we often don't make much of a communication effort when we award bonuses. So, you could say that they are also checking that your company's performance matches your competitors, although not deliberately. When it comes to bonuses, the understood link with business results is often sketchy, too.

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Having Trouble Unplugging?

Compensation Cafe

Closing the books on merit increases may be on schedule, but there are always loose ends to clear up before you get slammed with Q1 bonus and incentive work. In true pay-for-performance philosophy, you've earned it. Taking time off? You may be feeling reluctant, even though you're tired.

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10 Best Employee Incentive Programs to Boost Motivation and Retention

Engagedly

In this article, learn about efficient employee incentive programs and how you can avoid common mistakes in program implementation. Top 10 Employee Incentive Programs Incentives, or motivators, are factors that encourage motivation, growth, and productivity in your employees to achieve their set goals.

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How to Make Headway on Pay Transparency

Compensation Cafe

It's time to accept that your job has changed from gatekeeper (limiting access to pay knowledge until employees are "ready") to educator (describing the nuts and bolts of salaries and incentives). After all, it's not just compensation information you'll be sharing but, eventually, a whole new open-book pay-for-performance philosophy.)

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There May Still Be Enough Time!

Compensation Cafe

You may have already completed performance appraisal discussions, but performance should certainly be part of the discussion when 2014 increases and bonuses are covered with employees. Providing managers with prompts that can help them articulate their thoughts, especially if they find themselves in a tough spot.

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Don't Do That! Bad Habits and Compensation

Compensation Cafe

New incentive coming up next year? Performance measures are changing, that means employees' current behaviors/habits need to be readjusted, or even rejected, for the new goals to be met or exceeded. I've written before about the value of the book, "The Power of Habit" by Charles Duhigg. New business goals coming up next year?