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Redesign Employee Performance Evaluation Process

Challenge

In the years following several acquisitions, a Fortune 500 company wanted to consolidate the method for measuring performance and distributing compensation aligned with performance benchmarks. To build a deep leadership team, they also wanted to identify “rising stars” in the company talent pool across the global workforce.

Actions

  • Created a performance assessment and compensation process that addressed the unique challenge of the company’s diverse workforce, designed to help employees define, measure and reach their goals.
  • Implemented new process, tools and management education to successfully transform the annual performance assessment and compensation reward cycles.
  • Directed corporate change management including manager-level training, senior executive communication and support, and meeting the core team project milestones.

Results

  • Managers are more informed and able to take an active role in managing their own performance and professional development, as well as that of their teams.
  • Established a self-sustaining program that advanced the company’s pay-for-performance objective. Future cycles to include goal cascading from strategic company goals.

" DataKey moved our company forward with a program to foster accountability, as well as recognize and reward performance."

- EVP Human Resources

INTELLIGENT SOLUTIONS, EXCEPTIONAL RESULTS

MID-MARKET COMPANIES

Energize the Executive Management team with exceptional capability and capacity.

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FORTUNE 1000 COMPANIES

Experienced, motivated, talented consultants provide hands-on leadership when internal resources are stretched thin.

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Contact

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Suite 110, Mt. Kisco, NY 10549
Phone:    914-945-8808
Email:    contact_us@datakeyconsulting.com