Organizations spend an enormous amount of time, energy, and resources each year to set their organizational goals. To attain those goals, a company relies on its greatest asset: its employees. Employees who feel recognized demonstrate a stronger desire to help the company grow and succeed. Therefore, having pay for performance system incorporated into your organizational structure could leverage employee engagement and enhance overall organizational performance.One methodology used to increase an organization’s productivity and profitability is to link performance pay with the organization’s goals. When instituting a pay-for-performance system, companies focus on translating organizational goals into performance measures at every level of the organization, from senior leaders on down. Discover how linking performance pay with organizational goals can boost productivity and benefit your organization.Areas CoveredDefining goal-based performance managementPros and Cons of linking performance to payObtaining buy-in at all levels of the organizationMethods for introducing a goal-based performance system to employeesHandling push-back from employees and managersWhy do some managers hesitate to get on board with a goal-based performance management system and how to get past that issueConcept of “cascading” goalsSix steps to cascading organizational goals, aligning them with the organization’s performance management process, and creating relevant employee development plans connected to the organization’s business strategySMART goalsHow to set individual employee goalsPerformance tools available to managersHow to coach employees who are not meeting goalsUnderstand how pay for performance encourages exceptional performance among employeesTips to getting buy-in from all levels of the organizationLearn methods to identify the characteristics of effective goalsUnderstand the relationship of professional development to goalsCreate a “line of sight” connection between company, group, and individual goals Understand the link between employee engagement and performance managementWho Should AttendSenior ManagementHR ManagersHR GeneralistsOperations ManagersCompensation ProfessionalsManagers with HR responsibilityAny professional who establishes goals/performance targets or who has accountability for operational outcomesWhy Should You AttendAlignment between an organization and its employees doesn’t come naturally – it takes planning, hard work, and communication. Learning effective techniques to optimize organizational outcomes by ensuring there is a ‘line of sight” connection between organizational objectives and the goals established for individual employees is crucial.Participation in this webinar will offer attendees the opportunity to learn techniques to link performance pay with organizational goals resulting in a boost in productivity and numerous other benefits to the organization.