Innovative Appraisal System Helps
Employers Weigh Agile Team
Compensation
A huge challenge for
employers like you in adjusting
to the pandemic is how to
accurately compensate staff
working in remote teams.
Percival has the answer
with its online team survey
system.
Percival gathers staff input
about the contributions of
colleagues, then uses the team
members' appraisals to inform
your management decisions on
compensation.
Flexible pay for those who
worked harder according to
peers increases engagement
and reduces turnover among
your top performers
Some team members will
have a greater say in
results.
The Percival system is designed
around regularly scheduled
appraisals that produce
quantitative results from surveys
of each team member who
appraises their colleagues.
The system applies
proprietary algorithms to
distribute pay
recommendations based on
each team member's input.
Accurate results reflect what
percentage of the team
compensation budget each team
member should receive in the
opinion of co-workers who know
best because they work together
closely and collaboratively.
Percival helps management
make informed compensation
decisions by providing 360-
degree evaluative insight into
team members' performance
and contributions.
Best practices are to run the
survey when compensation
systems or team members
change and at the end of the
project.
Visit
https://www.percival.l
ive for more.