It's no secret: Effective training and development is a crucial investment strategy. Your company's training and development investment can yield significant returns and become a key driver in sustaining your organization's competitive advantage with proven bottom-line results.
Learn more in this Best Practices in Training & Development white paper about road-tested strategies in leadership development and employee learning management systems as well as best practices in virtual classroom training and measuring the true value of learning in achieving business.
It's valuable insight you can use today for your company's greatest competitive advantage.
Whether you are introducing a new training and development plan or you are fully entrenched in the process, this white paper provides valuable content for companies of all sizes and industries focused on high performance, long-term value and big picture goals.
Written by leading experts and respected industry analysts, this white paper provides valuable insight and proven strategies focused on bottom-line business results.
Best Practices in Training & Development
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Connecting Rewards to Performance
I am currently trying to revamp our organization's performance management process to a more formal one that is aligned with company strategy and goals. I am basically starting from scratch with job descriptions, new evaluations and performance measures. My question is, how do I get the executives to see the importance of the connection between rewards and performance? Currently, they do not want to commit to traditional merit increases that would be tied to the performance review, but would rather provide a cost-of-living increase and then provide a bonus at the end of the year. The issue is that when they did this last year, people were very disgruntled with the fact that they didn’t get raises and I was frustrated because the reward that was received wasn’t tied to any performance measurement—it was truly discretionary.
——I Hate Discretion, director of human resources, construction, Rockville, Maryland
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