Should we also reward individual performance?

Whether the company attains its goals or not, there likely will be individuals who will exhibit a high level of personal achievement. Shouldn’t these individuals be rewarded?

We love to see high-achieving individuals rewarded. But our first loyalty is to the overall success of the company. Remember the fable of the golden goose? As long as the golden goose was healthy, it produced golden eggs. The first priority is the health of the goose.

So too is the first priority the health, or success, of the company. When the company is healthy, we have the means to reward everyone. So, we like to see the first and major reward based upon achieving the company goals, thus helping create a culture where everyone ...

Get The Winning Manager’s Playbook now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.