I feel high achievers are a big time loosers in the current reward systems.
High achievers at most of the companies are given a raise of maximum of 6%, and a average achiever gets a 3-4%. But there is huge variance in the productivity of high achievers and an average achiever to the tune of 100% in some instances. Companies might need to give some more rewards like stock options or one time bonus to the high achievers. Managers should ask the high achievers as to what they would need to get from that company to keep the same momentum going else slowly the inefficiencies will creep in and will fade away the high performance. High performers do not just work for money and are not motivated by money flowing into their pockets but money can surely be a demotivater for them if they realise that a person ‘hardly’ working is getting almost as good a rasie as him or her.
Sphere: Related ContentPosted under On Leadeship
This post was written by techhair on June 9, 2008
