Submitted by jwlranch on
I am in a position in which i have a team of 9 transitioning from hourly pay to salaried pay. I know they will be excited about the $6-$8k bump, but how do i make sure to get the most out of their performance when i previously was barred by the 8-5 workday.
It makes no difference
It makes no difference whether a person is hourly or salaried when it comes to performance. It's measured the same way.
How do you make sure? Implement and consistently use MT O3s, Feedback and Coaching.
I'd also throw in the MT staff meeting structure. I've found this to be extremely valuable in creating a productive team. You'll find that the simple act of increasing effective communication works wonders.
Planning is Your Friend
How you handle this trasition is going be very important and it's worth planning both the general meeting and individual follow-ups. My immediate thoughts are to:
That's my first pass. Perhaps others will have additional or differing thoughts/suggestions/ideas.
It's probably going to take several hours to gather everything and organize it. You'll get that time back in the future when you don't have to run around like a crazy person putting out one-off fires.
A healthy body and mind will
A healthy body and mind will lead to a better performance of an employee not being an hourly or salaried one. The key difference between salaried and hourly employees is how they get compensated for their work. Employees who work on an hourly basis get paid for every hour that they perform their job and have the right to receive overtime pay if more than 40 hours are worked. On the other hand, salaried employees are not generally eligible for overtime pay.