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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1287 |
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The study reveals a much stronger link between measures appearing on the scorecards and the compensation and reward system for the SBG than for the NSBG. As one company noted, "Employees throughout the organization have become more aware of business plan goals and objectives and strive for higher performance" due to scorecard implementation...
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Another company noted that the system resulted in a significant improvement in employee satisfaction. As almost all agree, measures motivate - one way or another.
While we recommend that you link scorecard measures to compensation and rewards, you should also exercise care in doing so. Taking a year or so to evaluate the validity and reliability of measures, as well as the cause-effect validity of the entire scorecard system, is a prudent policy...
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