compensation to job skill acquisition can improve performance and
profitability Benefits reported by companies that have deployed
skill-based pay include:
Ninety-four percent of companies in an ACA study reported increased
output per hour worked and 98% reported increased employee satisfaction
pay does not work like magic.
Programs can fail. Do you know exactly how your program will produce
the results you envision?
Achieving a return on your program investment hinges on (1) how
explicitly you can define measurable objectives of the program and
(2) how precisely you can define the exact mechanisms by which your
program will produce results.
methods exist to define desired results and how they will be achieved.
There are even ways to perform predictive ROI analyses on your proposed
program. If you would like to know more go to white
papers and download Design Rational for Skill-Based Pay.
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