Pay for Performance: Is It Right for Your Organization?
As the economy begins to recover, the global talent shortage continues to loom. Organizations should be looking after their key talent and can improve their productivity and motivation by aligning individual performance to corporate goals.
In this podcast interview, panelist Nick Scobbo, Vice President of HR Shared Services for Houghton Mifflin Harcourt, gives a preview of the "Pay for Performance" discussion at IQPC's upcoming Compensation & Rewards Online Summit 2011, including how to:
Determine if pay for performance is right for your company
What the target goals will be that should be rewarded
What compensation levers to use to reward performance
Identify the challenges to implementing more pay for performance