HR34: The Foundation for Success: Effectively Aligning Performance Management with Total Rewards

Effectively managing, evaluating and rewarding employee performance is the cornerstone of everything that executives and managers are expected to accomplish. However, many organizations aren't doing this correctly. The primary reasons are two-fold: 1) a lack of consistency in management thought and application throughout the organization, and 2) nonalignment between employee performance and rewards. In his entertaining and interactive presentation, we'll examine practical tools, tips and techniques that specifically address these two critical concerns, including how to determine the most appropriate total reward components to use. Also, using real-world examples, we'll discuss how to design a strategic performance management methodology that really works. Without question, embedding this crucial performance management and total rewards alignment within the organization is what every business manager needs to accomplish to establish the foundation for success! 

Objectives: 

• Explain the critical importance of successfully aligning performance management with total rewards and the ramifications of not doing so. 
• Examine the two primary reasons why this crucial alignment is not achieved in many organizations. 
• Identify practical tools, tips and techniques that specifically address and answer these concerns. 
• Describe how to determine the most appropriate total reward components to use. 
• Design a strategic performance management methodology that successfully aligns performance management with total rewards. 

Audience: Advanced 

Other Information: 

90 Minutes 

CLM App Management Category -FS: Human Resources Management 

CPE Field of Study: Personnel/HR