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Driving a Pay-for-Performance Organization

Cornerstone OnDemand
By : Cornerstone OnDemand
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Published : Jan 14, 2010
Length : 2
Type : White Paper
 
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Overview :
An integrated talent management allow organizations to reward the behaviors and outcomes they desire most. A pay-for-performance culture promotes ongoing goal achievement, competencies strategically mapped to roles, and high levels of retention. Linking compensation to performance and contribution is no longer only for quota carrying sales staff and executive leadership. Base salary and incentive rewards can be managed on the basis of actual performance for job roles across the board.
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Benefits Management , Employee Monitoring Software , Employee Performance Management , Human Resources Services , Payroll Software , Workforce Management Software
 
With increasingly tough competition for skilled labor, it is imperative for organizations to manage their existing employees more effectively and, often, to do more with less. When employee performance and compensation can be linked, the organization begins to operate as a meritocracy - rewarding high performers who routinely demonstrate competence and consistently contribute to the success of the organization. Cornerstone Compensation provides the tools to allow organizations to reward the behaviors and outcomes they desire most. A pay-for-performance culture promotes ongoing goal achievement, competencies strategically mapped to roles, and high levels of retention. Linking compensation to performance and contribution is no longer only for quota carrying sales staff and executive leadership. With Cornerstone Compensation, base salary and incentive rewards can be managed on the basis of actual performance for job roles across the board.
    
 
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