|+44 (0) 1254 727652|
Zealise In-Depth Pages > New Approach to Compensation
New Approach to Compensation
You will never satisfactorily optimise employee engagement or redress the problem of employee disengagement until you recognise and address the organisationally ingrained force that sabotages your efforts to do so. Unfortunately this force is so universal that most organisations and their leaders either remain blind to it or powerless to swim against the current.
What is it? Incentive remuneration and the drive for performance related pay.
The Zealise solution offers a totally new model for rewarding performance that eliminates most - and maybe even all - of the elements of conventional incentive remuneration that induce employee disengagement. It:
Why it works
Improved personal performance unquestionably benefits the organisation where the person works. So the theory that incentivising people to improve their personal performance would appear to be so sound as to be unquestionable. However, studies now show that the theory only holds true for routine, mechanical activities. The more complex the role the less effective incentives are.
This is understandable - and perhaps even obvious - when you look at the big picture. By nature complex work depends on other people. Consequently personal incentives destroy the fabric of teambuilding. You see it is impossible to create effective teamwork and organisational integrity when everybody is driven by self interest without shared values and/or a common purpose.
Unfortunately it is rather late in the day to be recognising this. We have created a monster! Performance related pay has become so ubiquitous and widespread that is a case of trying to put the genie back in the bottle. It is always difficult take away something that people have become used to.
Paradoxically performance related pay has excerbated the employee engagement problem and contributed significantly to active employee disengagement because:-
All this is further exacerbated by the short term focus where past earnings have been invalidated by subsequent business failures but it is too late to recover the awards made.
Our solution avoids all these issues and so gives you the framework to ensure the employee engagement to achieve the higher levels of performance and the organisational integrity that will secure your long term success.
By using this website you agree to the use of our cookies, see our cookies policy here.
Copyright ©2008 Zealise Limited. All Rights Reserved. Web site by Prospatek Ltd