Performance Management Systems & Software - Belt Tightening Inside YOUR Organization

The first or second largest expense in almost every organization is labor. Studies show that 60-75% of an organization’s overhead expenses are consumed by their people.
Organizations must:

• Assess the top line versus cost structure.
• Cut discretionary spending.

Now, imagine if your employees could be just 5% more productive every day. Obviously, this would have enormous positive impact on your bottom-line. So, the question of the day is: How can you improve your human capital?

• Ensure employee commitment during cost cutting by asking them how to minimize cost.
• Identify the day-to-today actions staff must perform to drive value.
• Attract and keep top talent by rewarding performance not putting in time.
• Create a value mindset by linking staff actions and incentives with business value drivers
• Ensure full engagement of employees by providing highly valued low cost incentives.
• Objectively differentiate those that add value and those that don’t.
• Reduce head count based on objective assessment of skill and motivation.
• Reward staff for measurably improving individual or organizational performance.
• Make managers and frontline supervisors reward employee merit.

Performance Path ® provides an easy, cost effective way to achieve belt tightening.

• Objectively separate those that add value and those that don’t
• Close the skill gap between highest and lowest performer.
• Pay-For-Performance, quantify management skill Level.
• Increase innovation and alignment, quantify leadership skill level.
• Pay For Performance, accurately measure employee skill level.
• Motivate or replace, accurately measure employee motivation level.
• Reduce costs with non-financial incentives that engage employees, and drive performance.