Motivation 2.0
How are you engaging your team? Are you running a regular appraisal cycle where everyone’s individual score is totted up and ultimately dictates financial reward (pay increase, bonus, share options) or, on the other side of the scale, performance improvement plans? How are you finding this? Do people who get the financial rewards become more engaged and effective throughout the year? Do those on the performance improvement plans “pull their socks up” and become superstars now that they know they’re not performing to expectations?