More than 10,000 business respondents polled in a survey by workplace solutions provider Regus has revealed that the New Year 2011 will be all about meeting targets, with the top Irish business New Year resolutions listed in order of priority as follows: reduce overheads, introduce more performance related pay, and employ additional staff.
“Irish businesses are planning to make performance related pay a key part of their 2011 plan, matching rewards with real results,” said Michael Barth, regional manager with Regus. “Set against an overall bullish business outlook, high-performing staff can look forward to enhanced earnings in the New Year; but business sees no room for complacent workers as economic recovery takes hold.
“Business attitudes for 2011 show a gritty determination to go for growth and ride the wave of global economic development, but tolerance for any kind of 'jobsworth' attitude is in freefall. Staff, especially in small-to-medium sized enterprises, will all have to make a measurable contribution to revenue growth and will, at least in part, be rewarded accordingly. The research clearly shows that performance-related pay is becoming the standard in global businesses,” he added
