We help our clients measuring the accomplishment of the strategic objectives of the organization. The process includes clarifying expectations, setting objectives, identifying goals, providing feedback, and reviewing results.
In undertaking the design and implementation of your performance management model, we consider your company’s specific characteristics in our approach; your strategy, culture, structure, services, or products offered, the market in which you operate.
Based on those characteristics we can successfully identify the performance management model or a combination of models, that will be most effective, culturally aligned, and applicable to your organization leaving aside the traditional processes and time-consuming systems.
We help you align from the top-down, the organization’s goals with the goals of each employee and we guide the management team by providing simple tips on how to use the model successfully. One of the most crucial tips is to provide feedback frequently, once a year is not enough and then it may be too late.
We then proceed to step two, compensation and incentivization schemes. That is pay, pay rises, salary bands, promotions and performance based monetary incentives as well as non-monetary perks that you can provide. We can design short- or long-term schemes, including widely known tools and practices but based on our experience we can also suggest alternative, cost-effective solutions you can adopt considering possible tax benefits/implications for both parties.
In summary, we design models and schemes that evaluate and reward employees in a fair and transparent way and provide you a competitive edge.
