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=
The results of an economic study,
Renewing U.S. Manufacturing: Promoting a High-Road Strategy
calls for policies to create a highly productive, high-wage
economy that would contribute to other critical national goals
such as environmental sustainability, energy independence and
modernizing infrastructure.
URL:
http://www.sharedprosperity.org/bp212/bp212.pdf
For
problems or questions regarding this web site contact campbell@conferenceboard.ca.
Last updated: March 14, 2008. |