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Michael Klett
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pay for performance Archive
Pay for Performance: That’s How We Roll!
As an HR Coordinator, one of the reasons I left my old company to join Grasshopper was the whisper of quarterly performance reviews and incentive rewards each quarter. After having two reviews in 4.5 years and a bonus that worked like clockwork each and every quarter, I was excited to gain the type of feedback that could actually provide real time changes in how I performed. Imagine actually being rewarded for having a better performance. Talk about a shift in philosophy!
We are just now wrapping up our first year of quarterly reviews and as I started looking at the numbers, for the first time in my HR career, I can actually see growth and who stands out in each department. Believe me– it is rare that HR people can say that!
But that isn’t the only benefit for me in HR. A company as young as we are (team members’ ages not age of the company- but we are just five years old as a company) and founded by Gen Y’ers, we have found a way to ensure that the pay for performance model not only encourages all of our staff but also fits with many of our team members desires as Gen Y’ers.
