Incentivizing Staff Productivity—5 Pieces Of Advice

Optimizing staff productivity is a key to sustainability—with or without value-based reimbursement (VBR). One approach to improving productivity is to offer staff incentives, often in the form of performance-based compensation. The question is, what is the best design for variable compensation? And how can management teams implement new compensation models in order to assure their success? Those questions were the focus of The 2019 OPEN MINDS Performance Management Institute session, Optimizing Productivity: A Guide To New Performance-Based Compensation Models, led by OPEN MINDS Advisory Board Member John F. Talbot, Ph.D. and featuring Colleen Muncy, Owner . . .