KPI Design | Performance Evaluation | Employee Recognition | Pay-for-Performance | HR Strategy | Compensation Planning
What you will learn
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Understand the role of incentive systems within Total Rewards strategy
Identify key objectives and outcomes of performance-based compensation
Analyze employee roles and define performance expectations
Conduct job analysis and define success factors for each position
Develop effective KPIs and differentiate between output and performance indicators
Choose the right performance-linked pay structure: commissions, team rewards, recognition models
Design a clear and motivating incentive structure that aligns with business goals
Integrate rewards into the HR strategy and company-wide performance system
Create employee-facing documentation to communicate the system effectively
Launch and manage a performance pay system with tools, budgeting, and employee feedback
Monitor system effectiveness and make data-driven improvements
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