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PERFORMANCE INCENTIVES

Performance Incentives are a powerful motivational tool for attracting and retaining top talent, increasing productivity, achieving company goals, and increasing profits.

Effectively designed and implemented Performance Incentives encourage and reward employees to achieve company strategic and operational objectives. Employees are rewarded for superior performance that helps support organizational success.

THE PROCESS
CoreStrata® works with leadership to develop creative and effective Performance
Incentives to help drive your company’s strategy. The various levels and positions of executive, management, administrative, professional, staff, plant, field employees, etc., have separate and unique design elements to effectively motivate and reward.

A key component to effective Performance Incentive design is the development of performance goals and benchmarks. Specific, objective and measurable company and individual goals are created for each position. These goals are aligned with and support the company’s strategic direction. Performance reviews take place, minimally, once per year to include feedback and performance coaching. Feedback and performance coaching are important components for developing employees and driving attainment of the company’s strategy.

BENEFITS
  • Employee Alignment With Company Goals
  • Objective Employee Evaluation Process
  • Performance Coaching Process
  • Goal-Driven Organization
  • Improved Teamwork
  • Improved Morale
  • Rewards Superior Performance
  • Attract and Retain Top-Performers
  • Increased Productivity
  • Increased Profitability
  • Unique and Competitive Advantage
  • Pay-For-Performance Compensation Strategy
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