guide to help determine pay without annual reviews and ratings

You Can Make Pay Decisions Without Ratings

Allocate merit and financial rewards

Your organization wants to do away with ratings. But if you do that, how are you planning to determine pay increases?

  1. Here's a model that will help you establish performance metrics and make pay decisions; use this to allocate merit and bonus dollars.  
  2. Best of all, you can modify the numbers to fit your organization's needs.

paydecisionswithoutratingsCopy of Measure Performance Without Ratings

 

 

The 9-Box Versus the 4-Box

The 9-Box is a commonly used tool to measure PERFORMANCE & POTENTIAL.  If you're wondering about the difference between the 4 and 9-box read on:

The 9-Box measures PERFORMANCE and POTENTIAL

The 4-Box (The Employee Performance Continuum) measures just PERFORMANCE.
Performance is broken into two components:  WORK RESULTS & BEHAVIOR.

Ask yourself what you are trying to achieve.  If your goal is understanding and measuring employee performance then use the Employee Performance Continuum.  

Copy of Measure Performance Without Ratings

Try Using the Employee Performance Continuum to Measure Employee Performance

 

Copy of Measure Performance Without Ratings (1)-1

 

It's easy, intuitive, and more accurate than the traditional "Meets Expectations" style ratings!