Linking Performance Pay with Organizational Goals: Boost Productivity and Benefit Your Organization

Duration: 60 Minutes
One methodology used to increase an organization's productivity and profitability is to link performance pay with the organization's goals. When instituting a pay-for-performance system, companies focus on translating organizational goals into performance measures at every level of the organization, from senior leaders on down. Discover how linking performance pay with organizational goals can boost productivity and benefit your organization.
Pay for Performance
Instructor: Diane L. Dee
Product ID: 507690
Objectives of the Presentation
  • Understand how pay for performance encourages exceptional performance among employees
  • Tips to getting buy-in from all levels of the organization
  • Learn methods to identify the characteristics of effective goals
  • Understand the relationship of professional development and goals
  • Create a "line of sight" connection between company, group, and individual goals
  • Understand the link between employee engagement and performance management
Why Should you Attend
Organizations spend an enormous amount of time, energy, and resources each year to set their organizational goals. To attain those goals, a company relies on their greatest asset: their employees. Employees who feel recognized demonstrate a stronger desire to help the company grow and succeed. Therefore, having a pay for performance system incorporated into your organizational structure could leverage employee engagement and enhance overall organizational performance.

Alignment between an organization and its employees doesn't come naturally - it takes planning, hard work, and communication. Learning effective techniques to optimize organizational outcomes by ensuring there is a "line of sight" connection between organizational objectives and the goals established for individual employees is crucial. Participation in this webinar will offer attendees the opportunity to learn techniques to link performance pay with organizational goals resulting in a boost in productivity and numerous other benefits to the organization.

Areas Covered
  • Defining goal-based performance management
  • Pros and Cons of linking performance to pay
  • Obtaining buy-in at all levels of the organization
  • Methods for introducing a goal-based performance system to employees
  • Handling push-back from employees and managers
  • Why some Managers hesitate to get on board with a goal-based performance management system and how to get past that issue
  • Concept of "cascading" goals
  • Six steps to cascading organizational goals, aligning them with the organization's performance management process, and creating relevant employee development plans connected to the organization's business strategy
  • How to set individual employee goals
  • SMART goals
  • Performance tools available to Managers
  • How to coach employees who are not meeting goals
Who will Benefit
  • Senior Management
  • HR Managers
  • HR Generalists
  • Operations Managers
  • Compensation Professionals
  • Managers with HR responsibility
  • Any Professional who establishes goals/performance targets or who has accountability for operational outcomes
$300
Recorded Session for one participant
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How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Diane L. Dee, President of Advantage HR Consulting, has over 25 years of experience in the Human Resources arena. Diane's background includes experience in HR consulting and administration in corporate, government, consulting and pro bono environments. Diane founded Advantage HR Consulting in early 2016. Under Diane's leadership, Advantage HR provides comprehensive, cost-effective Human Resources solutions for small to mid-sized firms in the greater Chicagoland area.

Diane holds a Master Certificate in Human Resources from Cornell University's School of Industrial and Labor Relations and has attained SPHR, SHRM-SCP, sHRBP and HRPM® certification.

Diane is a member of the National Association of Women Business Owners and the Society for Human Resource Management. Additionally, Diane performs pro bono work through the Taproot Foundation assisting non-profit clients by integrating their Human Resources goals with their corporate strategies.
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