Manage Employee Incentives and Achievement with a Hosted Solution
A recent Bank Director study indicated that FIs’ #1 compensation challenge is tying performance to compensation. But with the new Performance ScorecardSM solution, you can now manage and reward for performance using an integrated tool and say goodbye to in-house spreadsheets. Streamline and automate the tracking of results and get timely updates on performance. You also gain the ability to understand enterprise-wide, department, and individual achievement, all in a single system.
Bringing all your key data together gives executives, branch managers, loan officers, and other leaders an accurate view of organizational and branch financial performance. You also gain flexibility with scorecard category design – in score weightings, objective setting, and modeling different achievement levels. Easily view and monitor crucial measurables like:
- Branch performance
- Department performance
- Individual performance
- New loan activity
- Portfolio profit
Set objectives and reward employees for results while fostering a pay-for-performance mindset across your organization with Performance Scorecard, part of the Financial Performance Suite. This makes it easier for you to attract and retain top talent, keep your team motivated and engaged, and recognize exceptional performers.