When it comes to managing employee salaries, methods such as "steps" or increments and Pay for Performance come to mind. While these concepts are widely practiced and considered the norm, both approaches have not been very effective in their primary goal - differentiating pay.
To properly differentiate pay and reward performance, two separate approaches must be applied. In this eBook, we cover how managers can explicitly measure their employee's experience without relying on time or tenure as a proxy. Instead, we'll show you how you can measure growth in your staff's skills through clearly defined milestones and a simple and objective framework.
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