Add Papers Marked0
Paper checked off!

Marked works

Viewed0

Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

internet library
Atlants.lv library
FAQ
  • Drawing on Expectancy and Equity Theory, Identify and Discuss the Main Factors that Are Likely to Influence the Effectiveness of Performance-Related Pay Schemes in Organizations

     

    Essays2 Management

2,49 € Add to cart
Add to Wish List
Want cheaper?
ID number:873063
 
Evaluation:
Published: 01.12.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Performance-related pay is a financial reward to staff whose work is considered above average. It is usually used for employees whose work achievements cannot assessed simply through numerical measures. Performance-related pay schemes are usually linked to the appraisal process, on which evaluation on staff performance during the year can be made. Performance-related scheme is a highly attractive system to encourage employees towards the organisation's objectives. According to the Wyatt study (1990), which measured effectiveness of performance management in 598 companies, 93% of personnel management regarded pay for performance as major priority. However, according to the same study, only 20% of managers considered their appraisal systems as effective. Some of the major factors to influence effectiveness of performance-related pay schemes were stated in expectancy theory. Although these theories do provide us with simplified models on which requirements for performance-related pay schemes can be based. There is a high level of uncertainty associated with them.…

Author's comment
Work pack:
GREAT DEAL buying in a pack your savings −4,48 €
Work pack Nr. 1259908
Load more similar papers

Atlants

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?

Draugiem.pase
Facebook

Not registered yet?

Register and redeem free papers!

To receive free papers from Atlants.com it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register