Tying individual performance to corporate performance is key to achieving your business and culture goals.
Key Factors of a Good Performance Measurement System
Search on the internet and you will find a myriad of performance measurement downloads. Most are merely generic checklists of attributes that you rate your employee against. Useful to some degree but if you want to tie employee performance to company goals then a customized system is required.
In our experience, the vast majority of people employed want to do a good job and make a real difference in their company. In order to do so, they need to understand how their day-to-day behaviour affects the achievement of company goals and which of the 100s of tasks they do are the important ones. Focusing your employees on Key Performance Indicators through bonuses and incentives allows you to do so.
Key Performance Indicators are the unique factors that measure the performance of your company. Breaking each indicator down to tasks and behaviours allows them to be tied to your jobs. Measuring your employees against those behaviours and tasks allows you to focus your employees. Now tie that to their pay and you have a true Pay for Performance System that will result in a better bottom line, more productive and engaged employees.
Should you find that you do not have the right people in your company, then we can recruit them for you.
Let us help you build a customized Employee Performance Measurement System tied to your bottom line. Call us today to find out how we can do this in a very affordable way.