When performance management is mentioned, people often think of the employee performance appraisal or review, however, performance management involves so much more. Properly constructed appraisals should represent a summary of an ongoing, year-round dialogue. Focusing only on an annual appraisal form leads to misunderstanding and a lack of appreciation for the benefits of performance management.
Category: Pay for Performance
by Richard Berger, Cammack LaRhette Consulting It seems as if everybody is freezing their pension plans. If your defined benefit (DB) plan is desirable, how can you make it manageable for the long haul and avoid a freeze? What Has Driven Employers to Freeze? Employers have been freezing their pension plans for two main reasons, […]