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One of the main issues that HR leaders face when considering a progressive performance management program is how to revamp their employeecompensation strategy. Alan has been named one of the 100 top HR influencers of 2017 by Engagedly. Focus more on base pay (and less on bonuses). The Annual Performance Review is Dead!
Verify employeecompensation. Verify compensation information for every employee in your organization. Annual, quarterly or holiday bonuses should also be accounted for. The lives of some of your employees changed in 2017. Update employee contact info. Report benefits enrollment information.
Focus more on base pay and less on bonuses. Use team and organizational based incentives or other programs like profit sharing, gainsharing, employee ownership, or stock ownership. Q&A: Employee Motivation and Performance. Q) How do you address employees who aren’t performing? Here’s how: 1.
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