Aligning Performance and Compensation

One of the most important things that a manager does is align performance and compensation. Often times it helps to bring in an outside expert. A consultant can look at a company’s performance objectively and design specific measurable goals that will help motivate stronger performance. A consultant can help determine the stretch objectives (for which more bonus compensation is warranted), and the business-as-usual objectives (for which no bonus compensation is warranted). Consultants can make sure the objectives are consistent from manager to manager and avoid the distrust that can arise around poorly designed compensation schemes.

LRI helps develop meaningful performance measures tied to your organization’s goals to help you drive continuous improvement: https://leading-resources.com/consulting/performancemanagement/

Eric Douglas

Eric Douglas is the senior partner and founder of Leading Resources Inc., a consulting firm that focuses on developing high-performing organizations. For more than 20 years, Eric has successfully helped a wide array of government agencies, nonprofit organizations, and corporations achieve breakthroughs in performance. His new book The Leadership Equation helps leaders achieve strategic clarity, manage change effectively, and build a leadership culture.