Losing sight of today’s cutting-edge practices is the fastest path to being left in the dust -- especially now as companies (including your competitors) look to gain greater advantage with tremendous speed.
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Effective talent management requires strategic thinking and it touches every organization. But how do you continue to maximize your company’s workforce to drive business results for the future?
Download our Best Practices in Talent Management white paper and find out how six leading companies can help. Learn about road-tested strategies for executing change in a fast changing environment; evaluating and determining the right assessment tools and techniques in performance management, recruitment, and training and development; and rethinking basic strategies to deliver successful outcomes.
Ensure that your talent management initiatives are shaped and implemented to deliver long-term value. Plus, get proven best practices and practical advice from industry experts! Learn more on how to maximize your company's workforce and build a successful business today and drive business results for the future.
Best Practices in Talent Management
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Daily Q&A
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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