Thursday, October 13, 2011

Tying Pay to Performance

i4cp Webinar
Tying Pay to Performance
Presented by David Wentworth and Jeff VanHaitsma
Thursday, October 20, 1pm EDT - Complimentary

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Over 90% of organizations now say they are tying salary increases and annual bonuses to specific performance measures, up from 78% in 2009, according to a new study conducted by the Institute for Corporate Productivity (i4cp). Despite these high numbers, the study also shows that many companies aren't successfully executing their pay for performance strategy.

However, high-performance organizations are much more likely to tie pay to performance, use the strategy for different purposes and realize greater benefits than other companies.

In this insightful webinar, David Wentworth, i4cp Senior Analyst and author of i4cp's 2011 study and report will present the key findings and outline how - and why - high-performance organizations do things differently. Furthermore, hear from Jeff VanHaitsma, Senior Specialist of Learning & Performance at Amway, how real companies like Amway and Hertz are using strategic pay-for-performance approaches to reward and recognize highly valued employees while keeping the rest of the workforce motivated to achieve corporate goals.
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