Skip to Main Content
Strategic Compensation: A Human Resource Management Approach, 9/e
book

Strategic Compensation: A Human Resource Management Approach, 9/e

by Joseph J. Martocchio
January 2016
Intermediate to advanced content levelIntermediate to advanced
480 pages
20h 58m
English
Pearson
Content preview from Strategic Compensation: A Human Resource Management Approach, 9/e

Strengthening The Pay-For-Performance Link

  1. 4 Discuss how compensation professionals can strengthen the pay-for-performance link.

Companies who don’t consider these possible limitations ultimately weaken the relationship between pay and performance. Human resource managers can employ a number of approaches to strengthen the link between pay and job performance.

Link Performance Appraisals to Business Goals

The standards by which employee performance is judged should be linked to a company’s competitive strategy or strategies. For example, each member of a product development team that is charged with the responsibility of marketing a new product might be given merit increases if certain sales goals are reached.

Analyze Jobs

Job analysis (Chapter ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Human Resource Management 2e

Human Resource Management 2e

Pravin Durai
Strategic Management

Strategic Management

Cornelis A. de Kluyver, John A. Pearce
HR Strategies for Employee Engagement (Collection), Second Edition

HR Strategies for Employee Engagement (Collection), Second Edition

Wayne Cascio, John Boudreau, David Russo, Alison Davis, Jane Shannon

Publisher Resources

ISBN: 9780134320540