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New Research Reveals Why Pay for Performance is Finally Working for HR
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New Research Reveals Why Pay for Performance is Finally Working for HR
December 10, 2008 - A new paper by Creelman Research finds that an increasing number of organizations are making pay for performance programs successful through a combination of best practices and technology. By taking a new approach to pay for performance that emphasizes human behavior and leverages technology to simplify administration, organizations have the power to truly drive high performance. Authored by human capital analyst David Creelman, the paper "Why Pay for Performance Can Work at Last," identifies examples of this approach to pay for performance among customers of Halogen Software, a leading provider of web-based employee performance and talent management software.
"We`ve had the idea of pay for performance for hundreds, or even thousands of years, but the reality is that modern organizations are still struggling with how to actually make it work," said David Creelman. "With the advent of HR software that manages the process along with a new understanding of how to actually deliver these programs in a human way, pay for performance strategies are succeeding like never before."
Traditionally, pay for performance strategies have failed for a variety of reasons. The Creelman paper finds that trend is now changing. Through a combination of best practices and new software technology HR professionals are finally creating pay for performance programs that deliver a more productive, aligned and engaged workforce.
Aprimo, a leading provider of marketing software and services that enhance the productivity and performance of marketing organizations, uses Halogen technology to drive its pay for performance strategies. For this organization, a key part of their compensation and employee performance system is that it provides the data required for decision making. "Managers are making better decisions because they are much more informed," said Leigh Hirnisey, HR Partner, Aprimo.
Source:
http://www.hrmarketer.com
"We`ve had the idea of pay for performance for hundreds, or even thousands of years, but the reality is that modern organizations are still struggling with how to actually make it work," said David Creelman. "With the advent of HR software that manages the process along with a new understanding of how to actually deliver these programs in a human way, pay for performance strategies are succeeding like never before."
Traditionally, pay for performance strategies have failed for a variety of reasons. The Creelman paper finds that trend is now changing. Through a combination of best practices and new software technology HR professionals are finally creating pay for performance programs that deliver a more productive, aligned and engaged workforce.
Aprimo, a leading provider of marketing software and services that enhance the productivity and performance of marketing organizations, uses Halogen technology to drive its pay for performance strategies. For this organization, a key part of their compensation and employee performance system is that it provides the data required for decision making. "Managers are making better decisions because they are much more informed," said Leigh Hirnisey, HR Partner, Aprimo.
Source:
http://www.hrmarketer.com
