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Is your company still using a reward system
that's based on such outmoded models of corporate behavior
as rigid hierarchy, winner-take-all competitiveness, and
a strict command and control structure? You can't expect
to achieve total quality management, stimulate greater productivity,
or motivate today's employees with yesterday's reward systems,
says the author of this groundbreaking guide to creating
a whole new system of rewards that's tailor-made for the
modern workplace.
As a leading pioneer of the innovative "Reward
Smart" model, Thomas B. Wilson has helped a large number
of progressive companies change from a reward system based
on old notions of competition and combat to one grounded
in new paradigms of collaboration and teamwork. The "Reward
Smart" method is a psychologically validated process
for restructuring such reward systems as base pay, variable
pay, performance management, and recognition. With the help
of this book, you'll learn how to develop a portfolio of
high-impact reward programs that makes it possible for your
company to:
- Replace inflexible job-based pay systems
with ones that reinforce the special competencies and
contributions of both individuals and teams
- Create team incentives, gainsharing,
and project-oriented reward systems
- Find a wide range of alternatives to
cash rewards, such as equity, stock appreciation rights,
symbolic reinforcers, and time off -- and learn how and
when to use them to best advantage
- Enhance the spirit of collaboration through
team celebrations and other effective social reinforcers
- Attract the most talented people to your
organization and utilize them effectively
- Change from a zero-sum system to one
in which everyone wins
- And much more!
Filled with illustrative and revealing case
studies of companies that are successfully using the "Reward
Smart" method, as well as with helpful charts and diagrams
that clarify the core concepts and techniques, this breakthrough
book will enable your company to create psychology valid,
state-of-the-art reward and recognition systems that really
work!
Thomas B. Wilson is President of the
Wilson Consulting Group, Inc. in Concord, Massachusetts.
With more than 20 years of hands-on business experience,
Mr. Wilson has helped hundreds of companies develop reward
systems to achieve change and improve their competitiveness.
Prior to forming WCG, he was vice president at Aubrey Daniels
& Associates, vice president and partner with the Hay
Group, and director of Consulting Services for the Forum
Corporation. His clients include Analog Devices, St. Elizabeth's
Medical Center, GTE, Norton Company, Fidelity Investments,
Titleist & Footjoy Worldwide, and Harvard Community
Health Plan.
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