Summary

What Information We'll Cover

This course delves into the traditional wage structures and the shortcomings they present, referencing the influential work of Dr. William B Abernathy in his seminal book, The Sin of Wages. From issues with piece-rate systems and profit-sharing, to the pitfalls of hourly wages, this course uncovers the issues with modern wage systems and how they impact organizational success and employee motivation. To resolve these limitations, we will unravel the complexities of pay for performance and learn about the benefits and challenges of implementing such systems. Learn about the critical components of the total performance system, including results versus behavior focus, cascading objectives, and performance scorecards. A full introduction to balanced performance scorecards is included, allowing attendees to better understand how to create performer scorecards within their businesses.

The Details

ST1004 - 1.5 Learning CE

INSTRUCTOR:
Shannon Biagi, MS, BCBA
DURATION:
1 hour, 25 minutes
PARTICIPATION MONITORING:
Pulse Checks, Post-training Quiz
EVENT FORMAT:
Asynchronous online course with videos

CE PROVIDER INFORMATION: 
Chief Motivating Officers, LLC (OP-19-3170)

After this course, participants will be able to:

Objectives - What We'll Accomplish During This Course

  • Identify the caveats or “sins” of traditional wage structures

  • Determine the differences between various types of performance pay

  • Select the purpose of a strategic scorecard

  • Identify the features of an individual performance scorecard

  • Determine how to calculate “pay-for-profit”

  • Identify the benefits and challenges of implementing a performance-based pay system

Course Outline

    1. ST1004 Syllabus

    2. Pre-course Check-in

    1. Optional: Downloadable Guided Notes

    2. Part 1: The Sin of Wages

    3. Part 2: Designing a Total Performance System

    4. Part 3: The Anatomy of a Balanced Performance Scorecard

    5. Part 4: Calculating Pay-For-Profit and Other Reinforcers

    6. Part 5: Launching a Performance-based Pay System

    1. ST1004 - Completion Quiz

    2. Post-Training Survey

About this course

  • $20.00
  • 10 lessons
  • 1.5 hours of video content

How It Works

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