Making Performance Related Pay Work for You

Create Value & Reduce Risks

 

A 2-hour workshop for Chief People Officers, Heads of Reward, HRDs and all involved in making decisions about pay and performance

Making Performance Related Pay Work for You 

Could some form of performance related pay improve productivity in your organisation?
Is your current approach to performance related pay making the most of every penny available?
Are you de-motivating many of your employees through ratings and bonus systems that are past their sell-by date?

 

In times of tight budgets and rising costs, it’s vital that organisations pull every lever to maximise performance and create value.

Will performance related pay help you? It might – but it’s complicated, and it’s easy to get it wrong. That’s why we have created this workshop for all those involved in making decisions about pay and performance, based on the research reported in our up-to-the-minute White Paper – Making Performance Related Pay Work for You.  If you would like to receive a copy of our white paper – email us here.

2-Hour Workshop for Chief People Officers, Heads of Reward, HRDs and all involved in making decisions about pay and performance

During this 2-hour workshop, you and your team will explore options in the light of latest thinking, your practical situation and case study evidence.

EMPLOYEE PERSPECTIVES:  Do employees see positive links between performance and reward?  Do employees know how to improve productivity?

DATA:  Quantifiable benefits of current PRP.  How is PRP success measured?

MANAGEMENT CAPABILITY:  Quantifiable benefits of current PRP.  How is PRP success measured?

LEADERSHIP GOALS:  Does PRP support vision and strategy?  How are leaders encouraging discretionary effort?

By the close of an intensive two hours, tailored to your organisation, you will have:

  • developed a deeper understanding of how variable pay policies maybe
    impacting your organisation performance currently
  • explored a range of potential PRP options to see if any could create
    value for you
  • planned what you might need to do next in terms of data gathering/ leadership engagement/ management capability review/ employee engagement in order to align variable reward policies with organisation performance, strategy and goals

Following your workshop, 3C will write up key points of the discussion, summarise any recommendations, and suggest some next steps for you
to consider.

This document will make a sound basis for any internal presentation or
discussion about using variable pay amongst other strategies, to improve
organisation productivity and performance.

Clients say...

Thank you for today, your session was brilliant and exactly what they needed. It exceeded my expectations and to see the room so engaged and involved was an absolute joy . It is a testament to how useful people found today that they were starting to ask if their managers could have something similar.  A great result!

Dr Amanda Maclean, Head of OD, Canterbury Christ Church University

In November 2022 our employee engagement survey showed a marked increase in those agreeing that they understood what was expected of them, they were motivated and engaged.  In the spring of 2021 such results were unimaginable – the scale of cultural change, and sense of empowerment that our new approach to managing performance is having is fantastic.  We couldn’t have done it without the wisdom, experience and support of 3C.

Kerri-Ann O’Neill, Chief People Officer, Ofcom

I noticed a real difference in the quality of performance conversations I could have with my team after they had been on the ‘It’s My Conversation’ programme.  Conversations with those who had been on the programme were more meaningful, more constructive and a much better use of both of our time, compared with those who had not. I did the programme myself and found its approach deeply engaging and a very powerful learning experience.

Lucy Hoyte, Strategy Team Leader, Westminster City Council

“We couldn’t have designed our new approach to Performance Management without 3C.  They know their stuff, and work from a strong evidence base.  Engaging a large, global organisation is never easy– 3C have shown they understand our challenges and have most importantly helped us re-purpose our performance management to deliver our strategy as well as massively simplify the process for our workforce.”

Bernadette Bruton, Global Talent and OD Director, Aviva plc

"Fantastic use of tech.  Thank you - this was really thought-provoking, and thanks also to the actors Adam and Pippa for making it very engaging!"

‘Forum Theatre Live’ Delegate, Canterbury Christ Church University

Who we've worked with...

Since 2001, we’ve been transforming performance management in professional, engineering, financial, legal, academic, technical, and government organisations worldwide.

3C Consultancy

Engage your Senior Leaders

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Designing Forms, Measures & Processes

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