Why Doctors So Often Get It Wrong - New York Times
February 23, 2006
Performance and talent management in healthcare is a big issue. Yesterday, an NYT article talked about the incentive structure in medical professions. Essentially, healthcare professionals are paid to “perform tests and to do surgery and to dispense drugs.” Not to…
A bozo is not a rockstar
February 6, 2006
and vice versa. From a quote found at the Fast Company blog:
“Nothing demotivates people like the equal treatment of unequals. When you hire a bozo and treat him the same as a rock star, it deflates the rock star.” –Joe…
Doling out raises no longer a single number proposition
January 30, 2006
An article from the WSJ (at AZcentral.com) on paying for performance. The article cites a few examples of companies struggling with the challenges of implementing pay for performance. It’s hard to be surprised by the fact that employees aren’t all thrilled…
Pay for Performance a global phenomenon
January 13, 2006
A Towers Perrin report via Management Issues reports on the global spread of pay for performance. The success of the approach in North America and Europe has led to adoption in Asian and Latin American countries alongside regionally-based reward packages.
James…
The end of holiday bonuses?
December 7, 2005
Hewitt reports on the results of a small survey of Canadian compaines in which 66% of companies surveyed said they had no intention of paying out holiday bonuses. Instead, bonuses are being tied to performance because, among other things, "organizations remain…
Implementation is Key
November 29, 2005
Watson Wyatt released a study today which shows that while employers are leveraging best practices when designing their performance management programs, they are falling short in the implementation of those programs.
From the study’s summary:
In designing their performance management programs, most employers…
Motivating the Troops (and paying them for their performance)
November 29, 2005
BusinessWeek highlights "Electronic Scorecards" used in the banking industry. The article tells the tale of a Kansas City based bank called UMD Financial that’s using performance management to align goals and pay for performance.
From the article:
In the past the bank…
HR Tech: Pay for Performance Session
October 21, 2005
This was, by far, the worst session I sat in on at the show - and I’m not just saying that becuase Authoria* was the co-presenter. The title of the session had to do with Pay for Performance ("Delivering Pay…
The Average Raise for 2006
October 4, 2005
Is 3.6% for salaried employees and 3.8% for executives according to Hewitt Associates. More interestingly, and perhaps more positive, is the expected increase in variable pay, also known as pay for performance. Because employers are keeping salaries relatively flat, they…
The Government is Going Pay for Performance. Are you?
September 12, 2005
Article found here discusses the government’s efforts in the pay for performance arena. Apparently, the FAA and Veteran’s Health Administration are already online with the Department of Homeland Security and Defense Department working their way through the process.
Maybe there’s hope…
