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Performance Management Systems and Strategies
book

Performance Management Systems and Strategies

by Dipak Kumar Bhattacharyya
June 2011
Intermediate to advanced
378 pages
14h 11m
English
Pearson India
Content preview from Performance Management Systems and Strategies
OBSTACLES IN INTRODUCING PERFORMANCE-RELATED PAY

A major goal of any compensation programme is to motivate employees to deliver their best. Resurgence of merit pays, though not new as technique, mainly focuses on employee performance. Hence, in other words, the traditional merit pay can be termed as performance-linked pay. However, at the outset, it is important to remember that performance-linked pay or compensation is not the absolute criterion for compensation design; it can only be said as one of the criterion. We have discussed all through this book, the various dimensions of compensation determination. Relating compensation directly to performance is not so easy. In fact, in some types of organizations it may not even be desirable. Both ...

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Publisher Resources

ISBN: 9789332503335