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Performance Management Tools: The Ultimate Guide

Primalogik

Performance management tools have become essential to HR operations. Not only do they assist the HR department; they also help managers throughout the organization to guide their teams to success. Consider that only 2% of companies feel they have a great approach to performance management. Table of Contents 1.

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Growing a Healthy Compensation Program -- Part Two

Compensation Cafe

A strategic move for HR would be to a) facilitate a candid discussion of the bonus payment before the decision goes into effect, and b) bring an alternative or two on employee bonus options or Total Rewards redesign to the meeting. The annual bonus was affected by production outlays for the new product.

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‘Tis the Season to Evaluate Your Total Rewards Strategy

WorkHuman

Interestingly, the same survey shows that annual performance bonuses will decline slightly next year, while discretionary bonuses will increase slightly. Unlike salaries, incentives are variable and give employers much greater discretion in rewarding employees for performing at superior levels. 3 in 10 U.S.

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When You're Cornered, Why Not Step Aside?

Compensation Cafe

Or, HR could get the ear of someone influential who sits in on the daily emergency meetings to get staffing issues on the agenda and organize a systematic organization-wide approach. Let's try again with a bigger [select an option: salary, sign-on bonus, incentive, equity offering, loan opportunity and, and, and].".

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Help Managers with the Challenges of Video Calls

Compensation Cafe

These are just a few of the scenarios that can happen in performance management and salary discussions -- but remember that we'll be doing most of these discussions on video this year. These are not the regular, squirmy video meetings that can be challenging to accomplish well on any workday.

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Cafe Classic: 3 Ways to Meet – and Exceed – Expectations

Compensation Cafe

Let’s say, a year when there will be layoffs and no bonuses. Would they face up to the consequences if the communication strategy didn't meet its goals? Would your managers tell you that you had treated them and their employees in a balanced way? Would your company communicate as if time mattered to the outcomes of the crisis?

Meeting 40
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5 Ways to Fight the "Peanut Butter" Syndrome

Compensation Cafe

It gives you the chance to coach inexperienced or unwilling managers -- that is, if you put enough time on your end-of-year calendar for one-on-one meetings. Instead of treating each meeting as an administrative checkoff, interview each manager about her/his thinking and increase choices.