Organisational Reward and Measurement Systems: Breakfast Briefing
4 June 2008
New technologies, changing demographics, and the ‘war for talent’ require organisations to pay particular attention to the systems they use to measure and reward employees.
Yet most reward and measurement systems are outmoded and inefficient, often wasting precious resources while encouraging employees to take actions that are against the best interests of the enterprise.
The Breakfast Briefing:
During this highly-participative discussion, Steve Kerr acquainted members with current thinking about measurement and rewards, and identified a variety of practices that are currently used by ‘best practice’ organisations.
The session also described some straightforward, easy to use diagnostic frameworks to help participants assess their own systems. It closed by identifying ways to make ‘cost neutral’ improvements if diagnosis indicates that improvements are warranted.