Performance Measurement & Compensation
Companies provide feedback to employees through performance measurement and compensation design. Linking your employees’ compensation to their performance creates accountability and aligns employee’s interests with those of the company.
Improve Employee Satisfaction
Employee satisfaction will improve when your compensation and performance measurement system are correctly aligned. Employees will feel appreciated when they are monetarily compensated for contributing to the company’s success.
No matter how loyal your employees, nothing will motivate them more than cash-in-hand. Tying compensation to performance aligns employee interests with the company.
Six Sigma for Small Business
Six Sigma, Total Quality Management (TQM) and other similar operational strategies have their place in small business, but not in the form you find in large companies. We can help you understand how to adapt these big business concepts to your small or mid-sized business.
We can help in the following areas:
- Identification of Key Performance Indicators (KPI)
- Development of compensation programs aligned with KPI
- Establishment of efficient mechanisms for tracking performance
- Analyze costs of compensation and benefit plans
- Assess effectiveness of compensation programs in improving performance
For more information about the services our firm offers please call 480-998-3945, Monday through Friday from 9:00 a.m. to 5:00 p.m. MST. You can also contact us using our online form.