Performance-based compensation, HR Management

Assignment Help:

Performance-Based Compensation

Paying employees on the basis of performance measurement. Instead of paying a person for time on the job, pay reflects productivity, performance and quality, or some other aspect of the job that can be effectively measured.  Effectiveness of performance-based compensation based, as theorists suggest, on 2 main factors:

(1) is the performance within the employee's control?

(2) Is the compensation valued?


Related Discussions:- Performance-based compensation

Human resources finance, The University of Mellencamp is a private, non-pro...

The University of Mellencamp is a private, non-profit academic institution.  There are 4 colleges located in the institution.  It is located in Northern Luzerne County and sunny st

Filing system for equipment, Filing System for Equipment : You may have th...

Filing System for Equipment : You may have thought that our description of the storage of apparatus and equipment as a filing system was inappropriate. Yet this is not entirely

Describe the different types of hr strategies, Question 1: The HR pract...

Question 1: The HR practitioners role are numerous and diverse. (a) Describe in detail the various roles of a human resource practitioner. (b) Using a model with which yo

Personnel management, You are to select an organisation, gather and critica...

You are to select an organisation, gather and critically analyse organisational data, draw conclusions and make recommendations about the organisation as well as the human resource

Professional values and Ethics, what are processes and functions of profess...

what are processes and functions of professional values and ethics in hrm?

Show basic components of compensation - remuneration, Q. Show basic Compone...

Q. Show basic Components of compensation ? Components of compensation / remuneration: to be specific, typical remuneration of an employee comprises: 1. Wages and salary: w

Forms of grievances, Forms of grievances: a grievance may take any one of ...

Forms of grievances: a grievance may take any one of the following forms: Factual: a factual grievance arises when legitimate needs of the employees remain unfulfilled; wage

Explain how training and development can be carried out, Question: In t...

Question: In time of crisis, many organisations cut down their costs in order to stay in business. One of the costs that some organisations will cut first is their training an

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd