Budget Growth Stabilizes Around 3.4% U.S. salary increase budgets are entering a period of deliberate stabilization. Following several years of elevated pay adjustments driven by intense hiring competition, employers are signaling a shift toward more predictable,...
Before you debate rating scales or merit budgets, get clear on what your program is actually trying to do. Performance management programs rarely fail because of poor execution. They fail because the foundational design choices were never made deliberately –...
From foundations to tools — how to choose what you measure, rate it, link it to pay, and grow people. Why complexity matters Most organizations don’t fail at performance management because they picked the wrong rating scale. They fail because they implemented a...
Too many measures “Less is more” when determining the criteria or metrics to use in the plan. Plans with 3 to 5 measures can provide balance and focus. Too many measures dilute a participant’s attention and motivation. Metrics with a weight less than 10% of the total...
According to a recent study by Wilson Group, Concord, MA, and Bose Corporation, New England companies are expecting modest growth in their business. Sixty-two percent (62%) of companies recently surveyed expected growth exceeding 4% in 2017; this compares to only 44%...
