Reimagining Compensation in the Age of Continuous Feedback

For years, traditional pay-for-performance models have been the cornerstone of many organizations' compensation strategies. These models often rely on annual reviews and fixed metrics to determine bonuses and salary increments. While they have their merits, such as providing clear targets and incentives, they also come with significant limitations. Annual reviews can be overly rigid, fail to capture real-time performance and often leave employees feeling disconnected from their goals and rewards.