REWARDING PERFORMANCE
New handbook on actual variable pay plans
If you are determined to motivate employees throughout your organisation by linking pay to measurable accomplishments, then Watson Wyatt Data Services in the US reckons its new handbook will show you the way.
Covering the full range of employees -- from hourly workers to senior management -- this detailed 532-page reference provides more than 75 examples of actual variable pay plans contributed by clients of Watson Wyatt Data Services.
The wide variety of approaches includes technical achievement award plans, knowledge-based pay plans, key contribution plans, small group incentives, current cash profit-sharing, gainsharing, spot awards and more.
You also get an inside look at how well these plans have worked in the real world as the contributors themselves rate the plans as "very effective" or "effective" in the achievement of their most critical objectives, such as increasing productivity or teamwork.
The printed volume comes with a companion CD that contains all the exhibits and can be used to "cut and paste" text into virtually any word-processing programme.
Want to know more?
Title: The Exhibit Book of Variable Pay Plans, Watson Wyatt Data Services.
Availability: To order or for more information, call Watson Wyatt Data Services in the US (201) 843-1177 and ask for Customer Service or visit www.WWDSsurveys.com.
Watson Wyatt Data Services is a leading provider of global compensation, benefits, and employment practices information. A subsidiary of Watson Wyatt Worldwide, Watson Wyatt Data Services specialises in the design and development of both US and international compensation and benefits surveys.
Posted 5 May 2004