Sharing the Wealth – HRD’s Role in Making Incentive Plans Work

Employees do a better job when they’ve got a piece of the business,” declares a Chicago and Northwestern Railroad ad in a recent Business Week. It goes on to suggest that, since C&NW em¬ployees own the business “down to the last spike,” they work a little harder, smile a little wider, frown less, take more pride in their jobs, control costs better and are more profitable, in-novative and productive than people at other railroads.

Though C&NW is an extreme example, a number of organizations are coming to see the point the C&NW ad makes: Employees do perform bet¬ter when they have a piece of the action. Continue reading