Enable employees by understanding how to clearly define the connection between performance, rewards, and compensation
While there are many aspects to the topic of compensation, one important area is the connection between individual performance and rewards. That is, how are employees rewarded for individual achievements and performance? Although every company is different, the majority of organizations reward performance in some way. Clearly outlining the company’s policies and practices regarding performance rewards enables employees to know exactly what they must do and achieve to receive a desired bonus, merit increase or other company reward. This course will prepare to you discuss the connection between individual performance and rewards with both your team and individual employees.