Performance and Compensation

Strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment and productivity.

One of the most effective tactics for this strategy is designing a process for linking individual achievement to organizational goals.

Prepare a report to senior leaders addressing the following:

Explain the concept of tying performance to organizational goals.

Describe the different types of individual and group-level performance measurements.

What are the advantages and disadvantages of individual versus group-level performance recognition?

Discuss the options an organization has to link individual or group monetary rewards to organizational success.

Develop recommendations for how to implement, monitor, and evaluate such a program.

800-1,000 words 4 scholarly references and in text citations.