Pay For Performance Plan | A Beginners Guide

In this video the pay for performance plan is explained. The purpose of a pay for performance plan is to reward employees for individual contributions and to encourage the best performance possible. #PayForPerformance

This episode is sponsored by SeamlessHR (your all-in-one HR software to streamline your human resources needs) and SeamlessPerformance. Check them here - https://seamlesshr.com/ and https://seamlesshr.com/performance

⏰Timestamps
0:00​​ - Introduction
1:07 - What is a Pay for Performance Plan?
3:37 - A Successful Pay for Performance Plan

📌Do you need someone to talk to as regards your career aspirations? You can book a FREE 30-mins Career Clarity Session with Segun Akiode with this link: https://segunakiode.com/clarity-call/

📌Remember to subscribe to my channel ‪@segunakiode‬ for more videos.

🎀You may be interested in the following Human Resources Insights Episodes:

📌 How To Conduct Performance Management -    • How To Conduct Performance Management...  

📌 How To Set Performance Measures That Is Objective -    • How To Set Performance Measures That ...  

📌 Best Approach To Employee Performance Appraisal -    • Best Approach To Employee Performance...  

📌 How To Create A Pay Structure From Scratch -    • How To Create A Pay Structure From Sc...  

📌 How To Conduct Job Analysis -    • How To Conduct Job Analysis Effective...  

📌 How To Conduct Job Evaluation -    • How To Conduct Job Evaluation: A Begi...  

📌 How To Craft A Job Description -    • How To Craft A Job Description: Steps...  

★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★
🐦Twitter: - @segunakiode -   / segunakiode  
🖼️ Instagram: - @segunakiode -   / segunakiode  
🎙️ Podcast: https://anchor.fm/segunakiode
🌍 Website: https://segunakiode.com