147. Nidhi Verma. Managing Performance Management. 159. Jim Kochanski |
Aaron Sorensen. Do TARP Participants Pay for Performance. 169. David Bisson.
Performance Management A Collection of Articles from WorldatWork
Performance Management A Collection of Articles from WorldatWork
About WorldatWork® WorldatWork (www.worldatwork.org) is a global human resources association focused on compensation, benefits, work-life and integrated total rewards to attract, motivate and retain a talented workforce. Founded in 1955, WorldatWork provides a network of more than 30,000 members and professionals in 75 countries with training, certification, research, conferences and community. It has offices in Scottsdale, Arizona, and Washington, D.C.
Any laws, regulations or other legal requirements noted in this publication are, to the best of the publisher’s knowledge, accurate and current as of this book’s publishing date. WorldatWork is providing this information with the understanding that WorldatWork is not engaged, directly or by implication, in rendering legal, accounting or other related professional services. You are urged to consult with an attorney, accountant or other qualified professional concerning your own specific situation and any questions that you may have related to that. This book is published by WorldatWork Press. The interpretations, conclusions and recommendations in this book are those of the author and do not necessarily represent those of WorldatWork. No portion of this publication may be reproduced in any form without express written permission from WorldatWork. ©2010 WorldatWork Press ISBN: 9 78-1-57963-210-6 (Paperback/softback) 978-1-57963-219-9 (E-book) Publishing Manager: Andrea Ozias Project Lead: Wendy Anderson, WLCP Content Adviser: Jim Stoekmann, CCP Creative Services Manager: Rebecca Williams Ficker
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Table of Contents Articles Merging Reward & Talent Management to Strength Company Performance
5
Lauren Sejen
Correlating Performance Metric and Business Values in Growth Companies
11
Aubrey Bout | Rob D’Amato
Four Key Steps to Performance Management
19
Jim Kochanski | Angelita Becom
Lincoln Industries Ties Performance Management and Wellness — Case Study
27
Christina Fuoco-Karasinski
The Performance Management Partnership Between Compensation and Organization Development
31
Carol Anderson, CCP, SPHR
The Role of Line Managers and HR in Reward Program Effectiveness
39
Tom McMullen | Mel Stark
Timing Performance Appraisals and Pay Actions to Get Results
57
Robert J. Greene, Ph.D., CCP, CBP, GRP, SPHR, GPHR
What Pay for Performance Should Measure
65
Bruce Ellig
Workforce Retention and Pay and Reward Practices in America’s Best Hospitals
81
Patricia K. Zingheim, Ph.D. | Jay R. Schuster, Ph.D.
Forrest General: A Lesson in Performance Management
101
Lori Holsinger, Ph.D., CCP
The Need for Web-Based Talent & Performance Management
109
Paul Loucks
Paying for Performance: Walking a Legal Fine Line
113
Jude Sotherlund | Chris Gokturk
Pay for Performance Works: The United States Postal Service Presents a Powerful Business Case Jay Schuster, Ph.D. | Patricia K. Zingheim, Ph.D. | Paul Weatherhead
119
Performance Equity Plans: The Design and Valuation Under FAS 123(R) 131 Jim Lecher | Terry Adamson
Performance Management Process — Back to Basics
145
Jason C. Kovak, CCP, CBP
High Potential Programs: Flaws and Fallacies in Managing Critical Talent in Any Economy 147 Nidhi Verma
Managing Performance Management
159
Jim Kochanski | Aaron Sorensen
Do TARP Participants Pay for Performance
169
David Bisson
WorldatWork Survey Results
177
WorldatWork Books
217
About the Authors
223
