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Performance Talks: How to Motivate Your Workforce with a Pay-for-Performance Model
December 1, 2022 @ 4:00 pm UTC+0
December 01, 2022 | 04:00 PM EST | USA
Standard, across-the-board raises may have been enough to retain top talent five years ago. But today’s employees want regular candid, two-way conversations in which their effort is recognized and rewarded.
A pay-for-performance model takes the subjectivity out of compensation by establishing ways to measure an employee’s productivity, performance and results while rewarding job excellence.
In this session, Sharlyn Lauby will explore the difference between engagement and performance and how pay for performance delivers the best of both by rewarding top employees and motivating underperformers. The conversation will dive deep into motivation and the future of performance management. Discussion topics will include:
- Helping employees achieve personal goals
- The importance of providing consistent, actionable feedback throughout the year
- How the right HR tech helps create the feedback loop needed for development