Performance based pay. What can go wrong?

Written by Adelina Chelniciuc on June 12, 2014. Posted in Editorials, Individual Performance

Motivational. Rewarding. Engaging. Performance driver. These are just a few of the words that are usually used to describe performance based pay systems. To this point, nothing wrong, you could say. Indeed, from the employees’ point of view, performance based pay could be nothing but beneficial. But realistically, how much would the company benefit from this type of system? Can it become harmful for the organization’s overall performance?

Expert Interview – Andrés Felipe Molina Orozco, Director and Consultant, Tracest Consulting Group, Colombia

Written by Adelina Chelniciuc on June 10, 2014. Posted in Around the world, Consultants, Individual Performance, Interviews

For the report Performance Management in 2013, The KPI Institute conducted 20 semi-structured interviews with practitioners, academics and consultants from 18 countries, who provided rich insights into the state of Performance Management as a discipline.

One of the most important editorial rules followed in the development of the content is that a discipline can only evolve through the combined efforts of practitioners, academics and consultants. Andrés Felipe Molina Orozco, Director and Consultant of Tracest Consulting Group, Colombia was one of the consultants that The KPI Institute has interviewed.

How to achieve employee satisfaction

Written by Paul Albu on June 6, 2014. Posted in Articles, Individual Performance

Employee satisfaction reflects the personnel’s level of contentment with their company. Why is it important? Because it’s correlated with # Employee tenure, % Employee turnover and # Employee commitment index, 3 important KPIs that influence business growth.

Performance-based pay in the US education system

Written by Natalia Nistor on June 3, 2014. Posted in Articles, Individual Performance

Performance management can provide organizations with information on their status and progress, and it can influence the decision-making process. Among the different decision-making aspects, it can have an impact on the way resources are allocated, as it is the case in education.

The 15th HR Shared Service & Outsourcing Summit, Chicago, USA – Day 2

Written by Cristina Mihăiloaie on May 23, 2014. Posted in Around the world, Individual Performance, News

The HRSS & Outsourcing Summit ended on 21^st of May with The KPI Institute presentation on KPIs, Scorecard and Dashboard for HR facilitated by Cristina Tărâță, Research Coordinator.