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Performance Reward and Compensation

The most effective reward and compensation systems align with objective, outcome-based
evaluations of employee performance. Each employee's performance measurement should
reflect the organization's business strategy and financial goals. Compensation should also
reflect the employee's performance level and his or her contributions to the organization's
success.

Conventional wisdom and traditional compensation practices often prevent organizations from
achieving strategic goals. Organizations must align their compensation and reward systems with
performance, for when they do, they will increase productivity and achieve sustainable growth.

Gallup Consulting helps organizations develop effective strategies that:

   1.   reflect an employee's performance and contributions
   2.   improve employee and customer engagement
   3.   increase productivity
   4.   focus employees on clear, objective, and measurable outcomes
   5.   link to the organization's strategic direction and business goals
   6.   reward employees who achieve results

Our compensation experts work with company leaders to formulate compensation and reward
programs that integrate with their strategic business objectives.

Our consulting process centers on accomplishing these goals:

   1. review and assess the organization's strategic direction, initiatives, and functional
      practices, as well as compensation-driven performance measures
   2. develop a comprehensive understanding of the performance and compensation
      relationship within the organization
   3. create compensation and reward systems that are focused, simple, and designed to
      promote world-class performance in every role
   4. guide and support the client in moving from current pay systems to performance-based
      pay systems




Maximizing Organizational Performance

Gallup Consultant’s compensation and reward systems improve performance throughout the
organization. Our approach to performance-based compensation supports organizations that
seek to align compensation with business goals and management objectives. Organizations can
achieve even greater results when they address all points on The Gallup Path. We have
developed integrated and comprehensive performance management solutions that support
organizations in achieving crucial business goals.

In addition to consulting on performance-based compensation systems, Gallup Consulting
offers tools for:

Workplace and Leadership Practices

   1. devise and implement an effective organizational performance strategy
   2. provide executive performance coaching for senior leaders
   3. measure and improve employee engagement
   4. recruit and hire world-class performers
   5. teach all employees to identify, deploy, and develop their strengths
   6. create an objective and easy-to-use performance evaluation and development system
   7. develop an effective succession management system
   8. design a performance-based compensation system for all roles
   9. increase sales force effectiveness

Marketing and Customer Practices

   1. measure and improve customer engagement
   2. increase the overall impact of brand management programs
   3. improve marketing strategies through objective, research-based ideas and insights

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Hrm Compensation And Reward System

  • 1. Performance Reward and Compensation The most effective reward and compensation systems align with objective, outcome-based evaluations of employee performance. Each employee's performance measurement should reflect the organization's business strategy and financial goals. Compensation should also reflect the employee's performance level and his or her contributions to the organization's success. Conventional wisdom and traditional compensation practices often prevent organizations from achieving strategic goals. Organizations must align their compensation and reward systems with performance, for when they do, they will increase productivity and achieve sustainable growth. Gallup Consulting helps organizations develop effective strategies that: 1. reflect an employee's performance and contributions 2. improve employee and customer engagement 3. increase productivity 4. focus employees on clear, objective, and measurable outcomes 5. link to the organization's strategic direction and business goals 6. reward employees who achieve results Our compensation experts work with company leaders to formulate compensation and reward programs that integrate with their strategic business objectives. Our consulting process centers on accomplishing these goals: 1. review and assess the organization's strategic direction, initiatives, and functional practices, as well as compensation-driven performance measures 2. develop a comprehensive understanding of the performance and compensation relationship within the organization 3. create compensation and reward systems that are focused, simple, and designed to promote world-class performance in every role 4. guide and support the client in moving from current pay systems to performance-based pay systems Maximizing Organizational Performance Gallup Consultant’s compensation and reward systems improve performance throughout the organization. Our approach to performance-based compensation supports organizations that
  • 2. seek to align compensation with business goals and management objectives. Organizations can achieve even greater results when they address all points on The Gallup Path. We have developed integrated and comprehensive performance management solutions that support organizations in achieving crucial business goals. In addition to consulting on performance-based compensation systems, Gallup Consulting offers tools for: Workplace and Leadership Practices 1. devise and implement an effective organizational performance strategy 2. provide executive performance coaching for senior leaders 3. measure and improve employee engagement 4. recruit and hire world-class performers 5. teach all employees to identify, deploy, and develop their strengths 6. create an objective and easy-to-use performance evaluation and development system 7. develop an effective succession management system 8. design a performance-based compensation system for all roles 9. increase sales force effectiveness Marketing and Customer Practices 1. measure and improve customer engagement 2. increase the overall impact of brand management programs 3. improve marketing strategies through objective, research-based ideas and insights