Performance and reward strategies are driven by the concept that employees are not inherently born with the desire to come to work and put in their maximum effort every day for no reason at all. Thus, ...
“Annual salary reviews and bonus processes can literally take a minimum of eight weeks to complete,” says Yoliswa Mqoboli, executive committee member at the South African Reward Association (Sara), ...
When performance and pay happen in separate processes, something important gets lost. Employees miss the link between effort and reward, while managers face pressure to make consistent, fair choices ...
It’s December. This is the time that many of you are receiving your end-of-year performance reviews, and many supervisors are nervously preparing to deliver them. I’m not sure which organizational ...
You’re a manager or an HR professional? Then you’ve probably been inundated with articles discussing annual performance reviews and how to break free from typical performance management practices. One ...
Every company needs a strategic reward system for employees that addresses these four areas: compensation, benefits, recognition and appreciation. The problem with reward systems in many businesses ...