June 30, 2015
Pay-for-performance programs are a great way to help low-performing employees improve their contribution levels. But implementing such a program is no simple matter. Published in July 2013, our new Best Practices in Compensation white paper explores four important considerations—and how today's organizations can make a pay-for-performance strategy work for them.
- You'll read about:
- Using a Merit Matrix
- “Zero” Merit Increases
- Cost of Labor vs. Cost of Living
- The Value of Implementation Over Time, Not Overnight