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Yesterday we took a look at a survey by Willis Towers Watson® that suggested that pay-for-performance programs aren’t doing what they are supposed to. The primary reason? These programs are really just annual increases disguised as pay as performance, and everyone is being rewarded—not just those who perform well.
“What are compensation metrics? Basically, when we talk about a metric, we’re talking about a measurement. We’re talking about a statistic or a measurement that is intended to assess value and effectiveness.” Terry Pasteris explained in a recent BLR webinar. “So, depending on what aspect of value or effectiveness or what aspect of our program […]