Role perceptions
The employee’s beliefs about what is required to do the job successfully
Performance can be rewarded in two ways:
-Extrinsic rewards
-Intrinsic rewards
Guidelines for performance management
-Traditional performance monitoring and assessment methods need to be reconsidered.
-Considerations include the use of remote management technology to monitor individuals and teams working remotely.
-This technology can assist in monitoring daily time utilisation and applications usage as well as assisting in workflow management
Enhancing employees’ performance
-Design jobs with high motivating potential
-Clearly identify the behaviours and performance achievements that will be rewarded
-Align rewards with what employees’ value
-Provide plenty of feedback
-Provide equitable rewards
Diagnosing performance deficiencies
-Assess whether employees have the necessary competencies
-Verify that employees perceive their goals as feasible, yet challenging
-Verify that employees believe that the performance desired by managers is what will be rewarded
The principles underlying remuneration ethics include the following:
-Participation of employees in decision-making on remuneration policy, practices, and decisions that affect them.
-Compliance with accepted best professional practice, the prescriptions of good governance as well as statutory requirements.
-Fair and non-discriminatory policy and practices that seek to advance the common good, rather than to advance the interests of any specific group at the expense of others.
a list of considerations for ethical remuneration
-Risky business practice
-Performance relatedness
-Remuneration policy and procedure guidelines
-Changing the ‘goal posts’
-Demanding yet achievable performance expectations