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The core of any organization is their people. Organizations maintain a quality team of
employees to achieve results. The ability to manage staff and recognize the contributions
of each player is a key to success. Effective performance management systems enable
organizations to objectively and systematically rate employee performance, while providing
the tools necessary to take that performance level and equate it to compensation.
Employees constantly express the desire for open feedback regarding their performance.
More and more companies are embracing the pay-for-performance concept and its tie to
compensation. A well-executed performance management plan enables an organization to
achieve critical goals such as:
- Recognizing the efforts and contributions of current staff
- Rewarding staff with compensation directly linked to performance
- Motivating staff to improve performance
- Orienting staff towards goal achievement
- Retaining key employees through the use of competitive compensation programs
- Attracting quality employees with an effective performance management system
K. Gordon & Associates can assist you to effectively manage your employees through
a comprehensive performance management system. We evaluate the level of achievement of
corporate, divisional, sales, team and critical job related goals to enable you to
objectively manage performance. We provide tools to managers and employees to track and
rate performance, which can be used for promotion, salary increases, growth and ongoing
coaching.
We design, implement and communicate performance management tools that are well received
by employees and managers and assist you in meeting goals. We provide training to
employees to ensure understanding of goal setting and ongoing performance.
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Pay-For-Performance is a pay program which is tied to performance and provides small
increases to most employees based on changes in the market, with larger, more meaningful
increases granted to a limited number employees who have met and exceeded their results.
Increases tend to be based on realistic performance evaluations with some employees not
receiving any increases at all. Pay-for-performance pay increases tied to productivity and
results rather than length of service and assist in achieving organizational goals. They
result in greater job satisfaction and improve employee communication and teamwork.
K. Gordon & Associates can design credible pay-for-performance programs that link your
salary increases to the performance levels of your employees. This will motivate
employees, reward those who are high performers and assist in achieving your goals and
objectives that have a significant impact on the bottom line of the business.
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