Multiversity, a renowned eLearning and content management company wanted to implement an effective and scalable performance management system and variable pay as a part of the compensation structure. The company has been founded by Padma Bhushan Dr. Vijay Bhutkar and has developed eLearning solutions for more than 15 million learners and 150 clients across the globe
The company has gradually built up its capacity to serve millions of users globally. As expected, the team had also expanded. The company did not have any formal performance management system or compensation structure. This created problems concerning the standardization of processes and setting benchmarks while hiring
With our intervention, the company could hire senior HR for operations, which was one of the key concerns for the client. This helped in standardizing HR operations and building scalable people practices. Enhanced employee experience boosted overall productivity and also improved employee engagement. This, in turn, had a positive impact on organizational development.