DEVELOPING AND REWARDING EMPLOYEES
· This Module 3 SLP assignment rounds out the discussion of employee development and rewards to enhance workplace performance.
· Assignment
· Developing and Rewarding Employees
· What are some strategies to improve employee engagement, productivity, and performance levels?
· In this assignment, we consider practical ways to increase employee engagement, increase productivity, and improve overall employee performance.
· SLP Assignment
· You have been asked to give a 10-minute presentation to a group of college seniors who majored or minored in human resource management. The topic is on effective performance improvement strategies using recognition and rewards. As with any visual presentation, do not put too much information on your slides as you do not want your audience to read the slides while you are giving the presentation.
· In addition to the background readings, find at least one additional high-quality academic source from the Trident Online Library to support your presentation. With your 6-8 slides (not counting the cover slide or the References slide), include speaker notes in the comments section under each slide. [Adding an audio (voice) component to each slide is required for this assignment.]
· Submit your presentation to the SLP 3 drop box by the Module 3 due date.
· Note: If you have difficulty submitting your presentation, it could be that your internet connection has timed out.
· These files can be uploaded to YouTube and the link shared. Set as public or unlisted, NOT PRIVATE. Unlisted means your video/slide presentation will not come up in search results. Only those who know the link can view it, even if they do not have a YouTube account/username.
· Important: Put the link to your slide presentation in a Word document and submit your Word document as the assignment in the drop box. Your professor then can click the link to view your slide presentation.
· Alternatively, create a PowerPoint presentation with audio recordings inserted and upload it into the Dropbox and it can be viewed in the PowerPoint application.
· SLP Assignment Expectations
· Your submission will be assessed on the criteria found in the grading rubric for this assignment:
· Meets assignment requirements
· Critical thinking
· Writing and assignment organization
· Use of sources and mechanics
· Timeliness of assignment
Module 3 – Background
DEVELOPING AND REWARDING EMPLOYEES
“Train people well enough so they can leave. Treat them well enough so they don’t want to.” —Richard Branson
Source: Hyacinth, B. (2019). Treat employees like assets—not liabilities. LinkedIn. https://www.linkedin.com/pulse/treat-employees-like-assets-brigette-hyacinth
Mastering and applying talent management information is crucial to helping managers create an effective performance management and measurement system. Firms often use performance management systems to properly identify the success of their employees. “Success” in the workplace is often defined by an individual’s ability to live up to the demands of his or her position. With proper job analysis, it should be easy to quantify the level of success or failure that each employee has reached toward performing or exceeding job expectations.
Assessing Employee Performance
Seven Dimensions (2021). 4 Essentials for Compassionate Leadership. Insights and Strategies: Workplace Skills. 10:49 minute video. Available in the Trident Online Library, Films on Demand.
What is the value of performance appraisals? Read the following for benefits of conducting appraisals:
KPI. (n.d.). 9 benefits of the performance appraisal. KPI. https://www.kpi.com/blog/2016/01/18/10-benefits-of-the-performance-appraisal-system/
It is no surprise to learn how critical it is to develop employees so that they perform their jobs at top effectiveness and efficiency. It is a continuous process of improvement and an opportunity to provide human capital with the updates and insight needed to be successful on the job.
In what ways can we be most effective in evaluating performance?
Read the following for tips to improve:
Heathfield, S. (2019). Tips for transferring training to the workplace. The Balance Careers. https://www.thebalancecareers.com/training-can-make-a-difference-tips-during-training-1919303
There are times, however, when performance problems occur. Read the following, which features a concept called the Seven Factor Model. This model can be used to assess problems with performance and to identify how to address them.
Bacal, R. (n.d.). Performance enhancement: Diagnosing performance problems. The Performance Management and Appraisal Resource Center. http://performance-appraisals.org/Bacalsappraisalarticles/articles/diagper.htm
Let’s continue on to the topic of Training and Development.
Training and Development
Read Employee Training and Development , and the following article:
Doeze Jager-van Vliet, S. B., Born, M. P., & van der Molen, H. T. (2019). Using a portfolio‐based process to develop agility among employees. Human Resource Development Quarterly, 30(1), 39–60. Available in the Trident Online Library.
Heathfield, S. (2019). Tips for transferring training to the workplace. The Balance Careers. https://www.thebalancecareers.com/training-can-make-a-difference-tips-during-training-1919303
Ohunakin, F., Adeniji, A. A., Ogunlusi, G., Igbadumhe, F., Salau, O. P., & Sodeinde, A. G. (2020). Talent retention strategies and employees’ behavioural outcomes: Empirical evidence from hospitality industry. Business: Theory & Practice, 21(1), 192–199. Available in the Trident Online Library.
You may also find the following recognition and reward sources helpful:
Employee Recognition and Rewards
Chordas, L. (2020). Giving back: Insurers have found creative ways to reward their employees and give back to their workforces during the COVID-19 pandemic. Best’s Review, 121(12), 96. Available in the Trident Online Library.
Recognize and appreciate your employees – From LinkedIn Learning
Kollmann, T., Stöckmann, C., Kensbock, J. M., & Peschl, A. (2020). What satisfies younger versus older employees, and why? An aging perspective on equity theory to explain interactive effects of employee age, monetary rewards, and task contributions on job satisfaction. Human Resource Management, 59(1), 101–115. Available in the Trident Online Library.
Newman, S. (2019). A token of appreciation. TD: Talent Development, 73(8), 11. Available in the Trident Online Library.
And, finally, read the following from the Society for Human Resource Management about company gifts to employees that just might not be appreciated.
Wilkie, D. (2020). Company gifts that workers hate [Video]. SHRM. https://www.shrm.org/resourcesandtools/hr-topics/employee-relations/pages/gifts-workers-hate-.aspx
Module 3 Summary
In Module 3 we will examine the importance of developing and rewarding human capital so that they perform their jobs at top effectiveness and efficiency. It is a continuous process of improvement and an opportunity to provide human capital with the updates and insight needed to be successful on the job.
You are getting closer to finishing this course! Do you need a boost to jump in and finish Module 4? The following video just might be the one to keep you walking toward your goal, to keep you working toward your degree, to keep you moving toward top effectiveness and efficiency on the job you have promised to do.
Keep walking, everyone. We are almost there.
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