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A Practical Application – Performance Reviews

Joseph Lalonde

For many people, performance reviews seem like rather soulless exercises driven by organizational imperatives. Designed to measure performance in order to determine whether employees have met their goals and thus have contributed to the organization’s results, they are usually highly structured, formulaic, and data-oriented.

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The Changing Landscape of C-Suite Executive Tenures: Insights and Implications

N2Growth Blog

This trend is evident in the increasing use of performance-based incentives in executive compensation packages, which tie a significant portion of executive pay to specific, measurable goals. Companies are increasingly focusing on agility and adaptability, seeking leaders who can navigate rapidly changing business environments.

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Recognition Can Motivate Us At Work

The Horizons Tracker

Research from Rotman reminds us, however, that subjective performance evaluations are not without risk and can foster feelings of unfairness when they don’t go our way. “But we also see negative performance associated with them and a subjective decision has a potentially demotivating effect.”

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How to Manage People in Your Small Business

Strategy Driven

However, they also represent assets that may be difficult to manage. Because owners frequently overlook employee management when launching a business, it is important to acquire this skill and cultivate it. Doing so will help you realize a faster earnings stream and will give you the incentives needed to grow and expand.

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Structure Sales Compensation Plans That Can Fire Up Your Employees

HR Digest

Due to the quota-based performance measures that follow the work of sales representatives, employers often prefer to provide sales incentive plans to motivate them to perform better. Sometimes these are given as additional bonuses for good performance, while other times these are tied into entire salary compensation plans.

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Healthy Raises

Lead Change Blog

Cost management strategies are equally important, as the management of all firms is pressured to see how they can manage the cost to help improve the bottom line. As leaders of their respective organizations, they need to be held to high standards and their reward should be closely correlated to the firm’s performance.

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Cash Incentives Won’t Make Us Healthier by Alfie Kohn

Deming Institute

In this article (and the embedded presentation included below) Alfie Kohn explores how misuse of incentives, driven by a failure to understand the psychology of extrinsic and intrinsic motivation leads to failure: Cash Incentives Won’t Make Us Healthier. But it’s clearly something that incentives can’t buy. was difficult.