SOLUTIONS FOR
TALENT Driver #33
When you make changes at work…
you will feel and see the difference!
Every solution has a: Detailed Purpose, Time Required, Specific Steps, and any needed Templates.
Next Steps: Review the solutions and select at least one solution to implement within your life.
Return to All TALENT Drivers
Building Financial Rewards
PURPOSE: Help your team understand the long-term financial rewards available to him or her, and discuss what the team member must do and/or achieve to take part in these rewards.
Pay Triggers
PURPOSE Team members learn how their performance will make a difference in their pay. Before the meeting, review their performance ratings, performance goals, job descriptions, and pay bands.
Merit Line of Sight
PURPOSE In a team meeting or with individual team members, generally outline the company’s overall team member pay strategy, highlighting how individual and department/team achievements impact compensation (how we pay people).
Budget Review
PURPOSE: Assess and refine your personal finances, aligning your current earnings with your desired lifestyle by identifying savings opportunities, setting achievable goals, and building a sustainable financial plan.
Career Path Discussion
PURPOSE: Engage in a focused dialogue with your manager to identify and pursue career advancement opportunities that increase your earning potential.
Financial Peace Resource
PURPOSE: Utilize company-provided financial wellness resources, such as a debt eliminator or a financial peace course/workshop, to help manage your finances, reduce debt, and achieve a lifestyle supported by your earnings.
SOLUTIONS FOR
TALENT Driver #33
When you make changes at work… you will feel and see the difference!
Every solution has a: Detailed Purpose, Time Required, Specific Steps, and any needed Templates.
Next Steps: Review the solutions and select at least one solution to implement within your life.
Return to All TALENT Drivers
Building Financial Rewards
PURPOSE: Help your team understand the long-term financial rewards available to him or her, and discuss what the team member must do and/or achieve to take part in these rewards.
Pay Triggers
PURPOSE Team members learn how their performance will make a difference in their pay. Before the meeting, review their performance ratings, performance goals, job descriptions, and pay bands.
Merit Line of Sight
PURPOSE In a team meeting or with individual team members, generally outline the company’s overall team member pay strategy, highlighting how individual and department/team achievements impact compensation (how we pay people).
Budget Review
PURPOSE: Assess and refine your personal finances, aligning your current earnings with your desired lifestyle by identifying savings opportunities, setting achievable goals, and building a sustainable financial plan.
Career Path Discussion
PURPOSE: Engage in a focused dialogue with your manager to identify and pursue career advancement opportunities that increase your earning potential.
Financial Peace Resource
PURPOSE: Utilize company-provided financial wellness resources, such as a debt eliminator or a financial peace course/workshop, to help manage your finances, reduce debt, and achieve a lifestyle supported by your earnings.