Break with Tradition – Pay for Performance!
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Rex Gatto [1], Ph.D., psychologist, business lecturer, and counselor, provided us with insights into the world of Pay for Performance. Included in his workshop are discussions of:
- What pay for performance is and why it will positively affect your firm’s
bottom line. - How to develop an effective pay for performance plan.
- Why throwing money blindly at performance issues doesn’t work.
- Why bonuses given at the wrong time can really wreak havoc on employee
performance. - Critical elements of an effective rewards process and pay for performance
plan.
Click here [2] for a complete transcript of the workshop.