Question: Looking to begin a high performance culture. One of the steps we want to create is an all employee bonus. How do you go about selecting the right behaviors/outcomes company-wide to incent the desired outcome ($profit & efficiency)?
You are looking to “begin” a high performance culture. It will help me to understand your work culture, so please be aware that this answer is given without a complete picture.
Your focus with this question is on connecting “doing the right things right” with a performance bonus.
I have two notes to make about a new bonus program:
- Do not reduce wages to make room for the bonus (unless you absolutely must cut labor cost in total)
- Be as certain as you can that each role is linked to strategic objectives and that what is measured
is what counts (to the organization)