Bonuses & Retention 🏆💵⭐

HR professionals are supposed to be effectively evaluating and rewarding employee performance, but many organizations are not doing it right, according to compensation specialist John Rubino. He says, the “lack of consistency in management thought and application throughout the organization and a disconnect between employee performance assessment and compensation rewards” are the problem. Rubino urges HR to structure financial rewards as incentive-based variable pay linked to employees' goals, which should reflect the organization's goals and direction.

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