A newly hired HR director of a small nonprofit organization notices that the organization is lacking a comprehensive compensation philosophy and salary rate structure. New hires routinely receive higher pay than more-senior employees. The organization does not have a performance management process, and not all employees receive yearly salary increases. The CEO is concerned that the organization will lose quality staff without a strategic focus on its employees, and she tasks the HR director with designing and implementing a performance management model for the organization.
The CEO decides to implement 360-degree performance assessments for the upcoming year. What should the HR director do to ensure buy-in for this effort?
Which recommendation should HR provide to assist an organization that wants a benefit plan that manages increased costs without sacrificing employee morale?