Outcomes Based Remuneration

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My recipe in summary

Strategy

Objectives

Alignment

Cascading

Measurement

Reward

KRA’s (Key Result Areas)

KPI’s (Key Performance Indicators)

Performance Contracts

Targets & Performance Hurdles

Performance Management

Fixed, Variable or OBR

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What is a good OBR model • Aligns to your strategy & objectives • Drives the right behaviour • Is self funded • Rewards effort and results • Is credible

My recipe in summary Strategy Objectives Alignment Cascading Measurement Reward KRA’s (Key Result Areas) KPI’s (Key Performance Indicators) Performance Contracts Targets & Performance Hurdles Performance Management Fixed, Variable or OBR

Page 1 and 2: First National Bank Outcomes Based
Page 3: As a Business Unit owner, I want…
Page 7: First National Bank - a division of

Outcomes Based Remuneration

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