Increased Pay

When employees gain skills and you give them recognition and/or increased responsibility for it, you may also want to build in appropriate financial rewards and incentives. 

Choices include pay raises for improved job performance due to skills gains or achieving credentials and other types of technical, trades and professional certification, bonuses for increased productivity or suggestions for work process improvements.  You can even consider stock options and other novel forms of financial incentive, depending on the nature of your business.

One way to raise basic skills levels is to help your employees prepare for the General Educational Development (GED) Tests by accessing resources from the organization that develops and administers the Tests - the Center for Adult Learning and Education Credentials.  More than 95 percent of employers in the U.S. consider GED graduates the same as traditional high school graduates in regard to hiring, salary, and opportunity for advancement.
   URL:  http://www.gedtest.org/

Other forms of credentialling may be appropriate for your employees.  You can find out more about your options by searching  for school accreditation agencies by subject area:
    URL: http://www.alx.org/accred_search.asp?usertype=

Find additional information on school accreditation, occupational certification and licensed occupations.
     URL: http://www.alx.org/credentialing.asp

Information on specific, technical certifications is searchable from a Database of more than 400 types of Certifications:  
    URL: http://www.alx.org/cert_search.asp?usertype=

For problems or questions regarding this web site contact campbell@conferenceboard.ca.
Last updated: May 22, 2001 .