Performance and Rewards: Differentiate Only When It’s Worth It
NOVEMBER 4, 2015
Should you encourage managers to differentiate performance and rewards among workers? 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. GE recently announced changes to its famous annual forced-ranking performance management system.