Performance management – a dangerous tool
"We entirely agree with Environment Ministry chief executive Barry Carbon that a manager who needs to use performance payments to get results is not much of a manager," said Finsec's Geraldine Malloy.
Ms Malloy is a senior industrial advocate with, Finsec the union for finance and information workers.
"We would go further and say that in the hands of an incompetent manager performance bonuses are a dangerous tool."
"Many of our members have experienced this unfair, subjective and inconsistent management practice for many years now," said Ms Malloy.
"Its chief results have been to divide the workforce and set individuals in competition with each other. Really teamwork and co-operation are things of the past in the finance industry.
"Ironically our members
have identified performance management as an obstacle to
productive work practices and a significant contributor to
workplace stress," Ms Malloy concluded.