Rewarding Employee Performance
By: Don Phin
Duration: 43m 44s
Released: March 16, 2018
As a manager, it’s your job to make employees feel appreciated. And to properly reward employee performance, you need to consider a lot more than just money. In this course, HR expert Don Phin outlines the purpose and types of employee rewards, and then dives into specific approaches managers can take depending on the strategic needs they’re supporting. Don explains how to use discretionary and nondiscretionary rewards to enhance work performance, as well as how to select the right reward for an individual or the team. He also discusses how to make sure employee incentives don’t backfire, and how to think about rewards like a marketer so you get a good return on investment.
- Using discretionary and nondiscretionary rewards
- Determining who to reward
- Making sure your incentives have checks and balances
- Determining the most cost-effective rewards
- Rewarding employees according to their needs
- Generating employee referrals
- Incentivizing innovation and creativity
- 1. Understanding Employee Rewards
- 2. Rewarding Specific objectives
Don Phin is a catalyst for the Great HR program. He is an attorney, author, speaker, coach, and investigator.
Don is passionate about the success of people, culture, and process and he believes the human resources group is the catalyst, the prime agent for an organization to change and succeed. As an employment attorney, he helps companies avoid compliance problems and other issues that get in the way of doing great work. As a coach, he helps HR executives become better leaders, make better decisions, and produce better results. As an investigator, he helps companies get to the truth of their circumstances by conducting independent and thorough investigations. As an author, he has self-published several books suited for leaders and companies seeking to create and foster strong workplaces with strong workforces.
Don has also been a top-rated speaker for Vistage International since 1997, where he speaks to CEOs and executives about the opportunity represented in great HR practices. His most popular presentations are The Inspired Workforce, Getting Paid to Grow the Bottom Line, and Victims, Villains and Heroes: Managing Emotions at Work. He also speak on compliance subjects at HR meetings and industry events.