Developing Merit Planning Tools You Can Use

March 8, 2017
12:05pm  -  1:20pm

Workplace Application:  Explore the importance of communication and education for understanding the concept of pay for performance and how it relates to your organization’s philosophy.

Many organizations claim to have a “Pay for Performance” philosophy, but is this really the case? Do we pay for performance, or do we pay for mediocrity? Take away a roadmap for developing and costing a traditional salary increase matrix, as well as best practices to help employees understand what a merit matrix is, how it aligns with the company’s mission, how performance is rated against expectations and how it ties to their compensation.

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