Linking Performance and Rewards
Linking individual performance to rewards is not difficult; you just need to know a few things to get started. First, you must have a clear idea of the company rewards and the policies for using them. Second, you need to create detailed work objectives that clearly articulate what employees must do to earn the desired reward. Since some employees may be eligible for performance rewards and others may not, the people you manage and the type of role they play will influence the individuals you’ll meet with. In addition, you may have individuals who are overdue for a reward, have a difficult project coming up, or consistently exceed performance expectations. If that’s the case, you may choose to meet with these employees first. By completing this course, you will be able to create a clear link between performance delivered and rewards received.