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Link goals to incentives

Link goals to incentives: Setting Team and Employee Goals
Link goals to incentives: Setting Team and Employee Goals

Link goals directly to incentives. Sometimes it's money, bonuses, stock. Other times it's awards, time off, promotions. Make a direct linkage between the goal and the reward. If you have a commit/stretch situation, have the bonus be on a sliding scale instead of "all or none." A team gets extremely frustrated when they hit 90% of the stretch and get nothing for it. They should get 90% of what was possible.

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Skill Level Appropriate for all
1h 9m
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403,059
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Skills covered in this course
Business Business Skills Communication Management

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