Rewarding Performance: HR Challenges

Topics:
Management By Objectives
Tags:
Benefits,
Compensation,
Human Resources,
Incentive,
Pearson Education Inc.,
Performance,
Performance Management,
Workforce Management
Source:
Pearson Education

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Overview: Pay for Performance (PP) framework calls for dispensing monetary pay and other benefits to employees based on their individual performance in the organization. One of the basic assumptions in designing a PP compensation plan is that the overall organizational performance depends on the performance of individuals and groups present in the organization. The paper examines the design and development of various PP incentive plans.

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Format: HTML | Size: 66KB | Date: Jan 2003 | Pages: 22

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