The Alignment Appraisal™
Many company leaders have some intuition about whether there is alignment between their pay practices and the business plan of the organization, but they lack data to help them make a more precise evaluation. The Alignment AppraisalTM takes the guess work out of that assessment. It gives a business the means to measure alignment in a quantifiable way. It helps business leaders identify the areas of greatest organizational strength in two critical categories, each with five areas of assessment.
|The first category measures the structure of the company’s internal compensation practices and decisions.||The second category examines the perception or mindset of employees--how they perceive the viability and value of the company’s compensation programs.|
|Alignment. Do we align our pay strategy with our business strategy?||Future. Do our employees perceive themselves as belonging to a dynamic organization with a compelling future?|
|Meaning. Does our pay strategy offer fair and meaningful value to our top contributors?||Connection. Do our employees see the connection between company success and personal compensation?|
|Stewardship. Are we effective stewards of the compensation investment being made by shareholders?||Fairness. Do our employees feel that our pay practices are fair, consistent and purposeful?|
|Partnership. Do the design components of our incentive plans promote a value-sharing, partnership philosophy?||Value Participation. Are the design components of our incentive plans based on a value-sharing, partnership philosophy?|
|Reinforcement. Are we excellent communicators of the value and purpose of our compensation packages?||Engagement. Do our employees feel fully engaged in their jobs?|