What are the obstacles to paying your employees what they are worth?
Last month’s recommendations to help you provide that “better” job covered wages and how to use job descriptions to measure your “white collar” employees. We also addressed the issues of paying top wages to top performers to be certain that all your No. 1 employees were rewarded and respected as the No. 1 members of your team.
You must never overlook the fact that your opinion of that employee’s performance may not be the same as his or her own opinion. More important, it may not even be close to the opinion of that employee’s peers or subordinates! What kind of respect would that create?