Dr. Gwen E. Torkelson

Contribution Based Pay: Tools to Identify, Measure and Reward Performance Dr. Gwen E. Torkelson

Contribution Based Pay combines results-oriented performance and competency-based pay in one customer-focused, strategically oriented compensation system. This system helps you:* Focus performance and rewards on serving the customer, not on performing tasks. *Align pay with increasing skill and delivering performance.*Maintain competitive advantage by building and managing core skills and capabilities.* Focus training efforts making them cost effective and measurable.* Keep pay competitive using competitor-focused survey techniques.