Use this sample and step by step explanation for setting meaningful and inspiring employee performance goals for a compensation manager.

A compensation manager is tasked with the responsibility of managing the compensation functions for the employees of an organization. He or she will ensure that all undertaken compensations processes are done in line with the stipulated company and government rules and regulations. They ensure that the compensations processes are done in an equitable, competitive, and fair manner for all employees.

In addition to that, he or she will get to also undertake the following roles from time to time; Advising the employees on pay decisions and policies, monitor the effectiveness of the current pay structure to ensure they are in line with the rules and policies, conduct salary reviews for the organization employees as per market rate, undertake pay research and handling compensation inquiries that the employees might raise.

Employee Performance Goals Sample

Employee's Name: Title:
Review Period: __/__/__ to __/__/__ Employee SSN:
Work Location: Supervisor's Name:

Instructions

  1. Setting Goals: List specific goals in the space provided below each competency under "Performance Goals". Assign an appropriate timeline for each goal as well as numeric or financial terms to measure the goal.
  2. Employee Comments: The employee must comment next to each goal under "Employee Comments" with "Okay" for goals which he/she feels comfortable working with, and "Needs Clarification" for goals which he/she believes need to be discussed further. An employee who is comfortable with all the goals can sign the goals at this stage.
  3. Summary: Give a summary of the total time estimated for the employee to have achieved the goals. State action plans and specific milestones to track the goals. Any additional comments agreed between the employee and the supervisor should be noted here.
  4. Human Resources Review: Human resources personnel must confirm that the goals are specific, measurable, achievable, relevant, and time-bound. He/she must then sign the goals in the "Human Resource" section provided under "Signatures".
  5. Signatures: When discussion of the goals has been completed and consensus has been reached, sign the goals and let the employee sign too. Send the final copy to the human resources for inclusion in the employee's professional records.

Performance Goals for Next Period

Performance Goals

Employee Comments

PUBLIC SPEAKING:

Accept constructive feedback and also be willing to give others feedback?

Improve on my listening skills and to pay attention to what the audience wants.

[employee comments goal]
MOTIVATING OTHERS:

Break big goals into smaller, manageable goals and use planners, sticky notes, and checklists to remind one to keep going

Familiarize oneself with the cause of lack of motivation in order to be able to get solutions and get inspired

[employee comments goal]
MANAGING AT TEAM:

Expose oneself to different social situations and work to develop own social perceptiveness and the ability to engage others in a conversation

Create a vivid and compelling vision of the future that motivates all employees to want to achieve it

[employee comments goal]
DEPENDABILITY:

Invest in character that builds the actual spirit of teamwork

Set workable personal goals that can be achieved within the set time

[employee comments goal]
ASSERTIVENESS:

Feel free to express feelings and desires and encourage others to do the same

Learn good listening and speaking skills in order to communicate effectively with other employees

[employee comments goal]
EMOTION MANAGEMENT:

Look for ways to help colleagues who are hurting and in distress

Learn how to replace unproductive self-talk or physical responses with "I've got this" responses

[employee comments goal]
EMOTIONAL INTELLIGENCE:

Find ways to manage and release stress outside of work through talking to friends, exercises, meditation and other hobbies

Brainstorm solutions or alternatives to disappointments/frustrations rather than acting out or complaining

[employee comments goal]
PERSONAL COMMITMENT:

Create a system where one has a list of everything that needs to be accomplished to avoid losing track of what one's goals are

Motivate oneself with post pictures, articles, or words of affirmation about the task one is working on

[employee comments goal]
MANAGING DETAILS:

Help other employees generate fresh perspectives, new approaches, and breakthrough ideas that will help them produce accurate and quality work

Work hard on the assigned task or project and go that extra mile to include more detail to the final product

[employee comments goal]
ENTREPRENEURIAL THINKING:

Put extra effort in executing ideas and always seek advice on untested ideas

Avoid jumping blindly into action and always consider the likelihood of failure

[employee comments goal]

Summary

Sections 1-2: To be completed by the supervisor

Section 3: To be completed by the employee

1. Goals completed since last performance feedback

2. Goals for next period

3. Employee comments

Signatures

I acknowledge that I discussed this performance feedback with my supervisor. My signature does not mean that I agree or disagree with this appraisal.
Employee: Date:
Supervisor: Date:
Human Resources: Date:

Related Articles