Music of new millenium

Competencies are one of several factors, including performance results in determining annual pay adjustments.
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· Valuing the how (high impact behaviors) of performance as well as the what (results).
· Reinforcing high impact behaviors through pay delivery.
· Critical to success, but a bad place to start; a good place to continue.
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Necessary for Top Performance but not Sufficient to Guarantee it
Personal Attributes and Behaviors that Predict Longer-Term Success
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· Job measurement is designed to calibrate organization roles. One compared to another.
· Focus is on the job, not the person in the job. The person is very important to us, but how the person is performing in the job comes later.
· The most critical feature of a job is what are its outputs. What are we asking the job to do for the organization.
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· Compensation system design is not just about how much you pay but the relative relationship between roles and pay.
· When it comes to compensation, individuals are rarely objective about the impact of their own role or performance in that role.
· People, by nature, like to keep track of their career progress. Titles are important. Organization status is important. Pay is important. It is how we keep track.
· There is never enough money to go around. Compensation management is about balancing the allocation of a very scarce resourc

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