Performance & Reward
In order to attain and maintain a high-achieving workplace culture, companies often opt for performance and reward strategies to ensure that their employees capabilities, behaviours, performance and skills are recognised in the best way that they can be.
Performance Reviews or Appraisal Processes are typically used in Companies to motivate employees. Typically employees will be set objectives at the beginning of their appraisal year which will be monitored over the course of the year, maybe with a mid-year review and end-of-year review. Employees’ performance against their objectives will be reviewed and an appropriate reward given. This can be a team reward or individual reward, typically in the form of a bonus.
Sometimes employers are faced with a challenge where their employees perhaps lack skills or expertise in a certain area and may need some help to improve their performance. HR’s role in establishing a personal improvement plan is to work with the employee’s line manager to put some objectives in place, together with a clear plan on how they can be achieved within a reasonable timeframe, identifying what support may be needed to help the employee get back on track.
At Goodwille, we will work with your business to understand how we can manage performance in your organisation alongside developing the best reward & benefits packages So, whether you have an internal HR department and are seeking our advice or are outsourcing the entire project to us, we can work together to find the best solution for your business.
Performance & Reward Packages
Generally, in the UK, reward strategies refer to the benefits alongside basic employment and remuneration. In HR terms, companies can develop packages which reflect the kind of employees they wish to attract and retain.
As our HR Manager, Jacqui provides high quality and compliant HR advice across the full spectrum of HR services for a portfolio of Goodwille clients. She offers pragmatic advice on technical matters relating to HR issues including employee relations, organisation design, policies and procedures, implementation of new contracts and staff handbooks, benefits and salary levels, recruitment and training solutions.