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Performance (Hourly Employees)
PAY FOR PERFORMANCE
(Hourly Employees)
For
most companies, traditional pay systems do not adequately support
World Class Manufacturing efforts. In fact, traditional pay systems
often hinder progress because they’re not aligned with company
goals or customer needs; at worst, they can increase payroll costs
and reinforce an entitlement mentality.
TCA finds the best pay systems have direct impact on a company’s
ability to compete. They must be closely linked with efforts to
improve costs, quality, and delivery performance.
With over 12 years of in-depth experience, TCA is qualified to
help you design effective hourly pay systems. The result will be
a management tool that strengthens your efforts to improve and to
develop World Class employees.
OBJECTIVES
Design and implement a performance/skill-based compensation system
that:
• Aligns employee efforts with business objectives and
customer needs
• Reinforces improvement initiatives
• Clarifies performance expectations based on what the
company values and rewards
• Provides supervisors with an objective tool to improve
team and individual performance
APPROACH
TCA CONTRIBUTIONS
To support this approach, TCA will:
• Confirm company goals and customer needs
• Facilitate development of performance standards and job
skills
• Design a custom pay-for-performance system
• Train supervisors in proper use of the system
• Assist with the trial run and implementation period
• Guide ongoing system assessment and improvement
BENEFITS
•
Sharpening employee awareness of company goals and customer needs
• Creating a pay system that promotes World Class Manufacturing
programs and philosophies
• Defining and correlating what the company expects, values, and rewards
• Positioning wages as an investment rather than an expense
• Recognizing and rewarding valuable skills and performance
• Making performance reviews more meaningful and timely
• Structuring a management tool to drive improvement in
team and individual performance
• Encouraging the development of qualified, motivated employees
who can be used in multiple areas
• Establishing clear, meaningful career paths
• Setting qualification criteria for incentives
• Building an effective device to attract and retain desired
employees
Contact Us for a Free Assessment!
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