Contribution Based Pay

About the Book

Contribution Based Pay combines results-oriented performance and competency-based pay in one customer-focused, strategically oriented compensation system. This system helps you:
* Focus performance and rewards on serving the customer, not on performing tasks.
*Align pay with increasing skill and delivering performance.
*Maintain competitive advantage by building and managing core skills and capabilities.
* Focus training efforts making them cost effective and measurable.
* Keep pay competitive using competitor-focused survey techniques.

About the Author

Dr. Gwen Torkslson is a Partner in Cedar Ridge Consulting, LLC. She has 20 years of human resource experience and has managed compensation, employment, training and employee relations. Her compensation experience includes designing and implementing competency based pay and other alternative reward systems to enhance internal performance and organizational effectiveness.