Pay for Performance

Topic

Pay for Performance

Instructions

Make one 10-15 minute presentation and submit a 1-page paper on a
compensation issue of your choice. Discuss your critical evaluation of the issue (1 page).

Answer preview

Pay for performance is one of the financial reward systems for the workforce in which some or the entire monetary compensation is associated to how their performance is evaluated comparative to stated criteria. Notably, performance associated pay might be used in a business setting for how people, a team or the while business organization performs during a specific time frame. High performing business organizations have been introducing the pay for performance concept (Ederer & Manso, 2013). It is closely linked with the increased performance corporate culture and it is not simply benefits and compensation area.

Word count: 424

Slide count: 7