Now more than ever, it is essential for organizations to clearly and effectively communicate compensation and performance management processes to:
- Employees – to ensure they have a basic understanding of:
- How pay is determined
- How and when performance is evaluated
- How performance factors in to pay opportunities
- Managing Supervisors – to provide the tools, resources and training required for carrying out company policy regarding:
- Determining starting pay for new hires
- Providing regular and meaningful performance evaluations
- Making recommendations for merit adjustments/promotions
- Senior Management/Executives – to reinforce the connection between pay and performance – both the individual's and the company's.
XL's exceptional Compensation & Performance Management communication initiatives include:
- Broadbanding
- Base Pay Programs
- Executive Compensation/Incentive Plans
- Performance Evaluation Guides
- For employees
- For supervisors
- Employee Recognition Programs
- Disciplinary Action Programs
- Supervisors Training Materials
- Executive Compensation Statements
- Total Compensation Statements
For a live viewing of our samples and solutions, please contact us.
