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http://www.helpinwriting.com/ 
Creation
IInnttrroodduuccttiioonn 
 Organisations want to maintain high profits 
 There should be balance between the reward system 
and profit goals. 
 This presentation looks at pay-for-performance plan. 
Get more information through visiting: http://www.helpinwriting.com/
Measurement ooff EEffffeeccttiivvee PPaayy ffoorr 
PPeerrffoorrmmaannccee 
There should be management of the payment system. 
There should be reasonable measurement of objectives to 
realize effective measure of performance. 
Organisational achievement of goals show the reward 
system is good. 
Translation of skills to measureable performance is 
important. 
Get more information through visiting: http://www.helpinwriting.com/
Measurement ooff EEffffeeccttiivvee PPaayy ffoorr 
PPeerrffoorrmmaannccee 
Remuneration based on performance and quality increases 
quality of performance. 
Pay based on performance increase quality and 
competitiveness. 
Different schemes should focus on performance 
improvement. 
Performance schemes are helpful in determining the 
effectiveness of any pay for performance process. 
Get more information through visiting: http://www.helpinwriting.com/
Employees’ PPeerrssppeeccttiivvee oonn PPaayy ffoorr 
PPeerrffoorrmmaannccee 
Disadvantages to employees: 
They are supposed to work harder 
Many workers end up straining 
Inexperienced employees may have low payments 
It may be a one-time bonus 
 Does not guarantee a salary increment 
 It becomes unappealing if it is not consistent 
Employees find it hard to be consistency 
Performance drop affects remuneration 
Get more information through visiting: http://www.helpinwriting.com/
Employers’ PPeerrssppeeccttiivvee oonn PPaayy ffoorr PPeerrffoorrmmaannccee 
HR department should get views from employees. 
It is good to determine the effectiveness. 
Realizing effective pay for performance is difficult. 
Implementing this method is difficult. 
An organisation conducts detailed performance 
appraisals. 
Management has a challenge in following up 
performance consistency. 
Get more information through visiting: http://www.helpinwriting.com/
CCoonncclluussiioonn 
Organisations should plan mutually beneficial pay for 
performance policies. 
Organisations that employ this plan effectively 
succeed and maintain competitive advantage. 
Get more information through visiting: http://www.helpinwriting.com/
Visiting Us at 
http://www.helpinwriting.com/ 
For more Information

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Pay for Performance Plans

  • 2. IInnttrroodduuccttiioonn  Organisations want to maintain high profits  There should be balance between the reward system and profit goals.  This presentation looks at pay-for-performance plan. Get more information through visiting: http://www.helpinwriting.com/
  • 3. Measurement ooff EEffffeeccttiivvee PPaayy ffoorr PPeerrffoorrmmaannccee There should be management of the payment system. There should be reasonable measurement of objectives to realize effective measure of performance. Organisational achievement of goals show the reward system is good. Translation of skills to measureable performance is important. Get more information through visiting: http://www.helpinwriting.com/
  • 4. Measurement ooff EEffffeeccttiivvee PPaayy ffoorr PPeerrffoorrmmaannccee Remuneration based on performance and quality increases quality of performance. Pay based on performance increase quality and competitiveness. Different schemes should focus on performance improvement. Performance schemes are helpful in determining the effectiveness of any pay for performance process. Get more information through visiting: http://www.helpinwriting.com/
  • 5. Employees’ PPeerrssppeeccttiivvee oonn PPaayy ffoorr PPeerrffoorrmmaannccee Disadvantages to employees: They are supposed to work harder Many workers end up straining Inexperienced employees may have low payments It may be a one-time bonus  Does not guarantee a salary increment  It becomes unappealing if it is not consistent Employees find it hard to be consistency Performance drop affects remuneration Get more information through visiting: http://www.helpinwriting.com/
  • 6. Employers’ PPeerrssppeeccttiivvee oonn PPaayy ffoorr PPeerrffoorrmmaannccee HR department should get views from employees. It is good to determine the effectiveness. Realizing effective pay for performance is difficult. Implementing this method is difficult. An organisation conducts detailed performance appraisals. Management has a challenge in following up performance consistency. Get more information through visiting: http://www.helpinwriting.com/
  • 7. CCoonncclluussiioonn Organisations should plan mutually beneficial pay for performance policies. Organisations that employ this plan effectively succeed and maintain competitive advantage. Get more information through visiting: http://www.helpinwriting.com/
  • 8. Visiting Us at http://www.helpinwriting.com/ For more Information