CITYWIDE: DIRECTORS’ CHECKBOOKS

3-C
CITYWIDE: DIRECTORS’ CHECKBOOKS

Problem Identification:
Departmental leaders have few tangible mechanisms with which to reward employees’ exceptional performance.

Recommended Action:
Provide department and agency leaders “directors’ checkbooks” to make limited, small discretionary merit-based awards to exemplary City employees.

Classification:
Cost Savings, Organizational, Revenue Enhancement, Service Improvement

Functional/Operational Area:
Citywide

Estimated Annual Impact:
Cannot be Estimated

Estimated Implementation Costs:
$50,000

Barriers to Implementation:
None

Projected Implementation:
FY2002

Next Steps:
Develop guidelines for issuing ‘directors’ checkbook’ awards that specify the classes of employees that are eligible for awards, impose limits on the financial value of awards, and that determine the frequency with which employees can receive awards. Determine the appropriate amount of funds to be placed in these ‘directors’ checkbooks’ and make the amounts available in the FY2002 budget.

Analysis:
Performance-based bonuses are an important component of many employers’ compensation packages. A directors’ checkbook program would provide department leaders with a valuable management tool to recognize workplace achievement. Equipping departmental leaders with small, discretionary accounts from which to reward exceptional employee performance can serve as a powerful motivational tool and help bolster workplace morale.

The $50,000 implementation cost represents a preliminary estimate of program start-up costs. In addition to pre-established program guidelines outlined above, the total value of an individual director’s checkbook should probably be limited to a maximum of $5,000 to mitigate the risk of abuse.