If your company is like many other small and mid-sized businesses, your employees
represent your organization’s:
- Largest (or 2nd largest) line item expense and
- Your most valuable asset
This means your company’s productivity and profitability depend on having your
employees perform to their fullest potential.
- This is even more critical for small and mid-sized companies since most cannot compete with large ones in terms of financial resources, technology and infrastructure.
HOW CAN THIS BE ACCOMPLISHED? ALIGNMENT! (GETTING YOUR DUCKS IN A ROW)
Or are they not even in the same pond?
- Studies show a very significant increase in both employee and business performance when an organization effectively:
Ties individual employee goals to the company’s overall strategy
It was walking distance from our viagra 100 mg other house.
Connects its performance management and rewards to goal achievement
- Yet amazingly studies show that:
Only a small percentage of employees understand their company’s goals and how they impact those goals
Many organizations do not strongly connect performance management and rewards with achievement of goals
RECOMMENDED EMPLOYER ACTION
- Make sure your team leaders fully understand the company goals
- Have all team goals roll up to company goals
- Help individual employees understand how their roles (and individual goals if applicable) directly impact team and company goals
- Design your performance management system and reward plans so as to reinforce these connections
HOW TRINITY CAN HELP
Trinity’s Team has the experience and expertise to help your organization improve the alignment of its goals, performance management system and reward plans.
- Example: design of a gain sharing or other incentive compensation plan
For more information, e mail Trinity at info@TrinityHR.net or visit our website at www.TrinityHR.net.