Download or read book Pay Performance and Participation written by Barry A. Gerhart and published by . This book was released on 1992 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Paying for Performance An International Comparison written by Michelle Brown and published by Routledge. This book was released on 2019-07-23 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although performance pay is used in many industrialized nations, the structure and success of this pay system vary widely depending on the institutions, regulatory framework, and legal settings of each country. This book makes the details and effects of these local variations clear for the first time. World-renowned experts on the programs in their respective countries provide in-depth analyses of performance pay in the United States, Canada, France, the United Kingdom, Germany, Australia, Japan, and Brazil. They draw out common themes across the countries, as well as country-specific determinants of the use of performance pay and its level of success.
Download or read book Merit Pay written by Robert L. Heneman and published by IAP. This book was released on 2004-12-01 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was written to bring together a summary of the current knowledge on merit pay and to further advance understanding of this type of incentive pay plan. When the writing of the first edition was begun in 1989, there were no books devoted exclusively to the subject of merit pay. Thus, this book was written to fill a void in the compensation literature. Since then, surveys have shown that merit pay remains a frequently used method of incentive compensation, and research into the merit pay process continues to grow. However, other forms of incentive pay, such as gainsharing, continue to receive the most attention, as evidenced by the number of books and articles on this topic in the popular press. In response to the frequent use of merit pay in organizations and the growing body of research, a book-length treatment of merit pay was needed. What we hope to do with this second edition, beyond updating, is to link merit pay with the many changes going on in total compensation or "reward management" (R. Heneman, 2001a, 2002). We also will argue that, even among all the challenges and changes that organizations currently face, there is still "merit" in appropriately conceived and implemented merit pay plans (Bates, 2003c).
Download or read book The Double Games of Participation written by Marcel Bolle De Bal and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-11-07 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Performance Related Pay Or Pay for Participation Forms of Agreement and Determinants written by Giulio Cainelli and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the July 1993 agreement in Italy, the adoption of company agreements based on a link between compensation and company performance has spread, becoming quite significant a presence even at the local level, without, however, involving companies overall where collective bargaining takes place. Consequently, studies of bonuses have recently been addressed to the examination of this phenomenon also for firms located in specific geographical areas, not just with reference to a sample of them, in general of medium-large size, at the national level. In this study, company bargaining on performance-related pay (PRP) and/or pay for participation (PFP) is examined in the years 1994-1997 in Emilia-Romagna. First of all, forms of agreement on PRP/PFP are analysed to find out the incentive, risk-sharing and participation mechanisms suggested by economic theory and embodied within each contract. Secondly, an econometric analysis is carried out on the factors behind the introduction of PRP/PFP, and of the various forms it takes in practice.
Download or read book Merit Pay written by Robert L. Heneman and published by Prentice Hall. This book was released on 1992 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of all U.S. organizations, 80 percent now use merit pay. In his book, Robert Henemann summarizes current research which can be used to develop new merit-pay plans, or to increase the effectiveness of existing plans. He also shows how performance-appraisal research should be expanded to include certain situational factors, such as the administrative purpose of the appraisal, organizational politics, the type of organization, and the goals of the compensation systems. Major sections of the book include an assessment of the desirability and feasibility of the merit pay, development and administration of a merit-pay plan, and the evaluation of relevant outcomes. Henemann's book is a summary of the current knowledge of merit pay that emphasizes three perspectives: a balanced perspective, an interdisciplinary perspective, and recommendations for merit pay policy and practice.
Download or read book Pay for Performance written by National Research Council and published by National Academies Press. This book was released on 1991-02-01 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pay for performance" has become a buzzword for the 1990s, as U.S. organizations seek ways to boost employee productivity. The new emphasis on performance appraisal and merit pay calls for a thorough examination of their effectiveness. Pay for Performance is the best resource to date on the issues of whether these concepts work and how they can be applied most effectively in the workplace. This important book looks at performance appraisal and pay practices in the private sector and describes whetherâ€"and howâ€"private industry experience is relevant to federal pay reform. It focuses on the needs of the federal government, exploring how the federal pay system evolved; available evidence on federal employee attitudes toward their work, their pay, and their reputation with the public; and the complicating and pervasive factor of politics.
Download or read book Pay for Performance in Health Care written by Jerry Cromwell and published by RTI Press. This book was released on 2011-02-28 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a balanced assessment of pay for performance (P4P), addressing both its promise and its shortcomings. P4P programs have become widespread in health care in just the past decade and have generated a great deal of enthusiasm in health policy circles and among legislators, despite limited evidence of their effectiveness. On a positive note, this movement has developed and tested many new types of health care payment systems and has stimulated much new thinking about how to improve quality of care and reduce the costs of health care. The current interest in P4P echoes earlier enthusiasms in health policy—such as those for capitation and managed care in the 1990s—that failed to live up to their early promise. The fate of P4P is not yet certain, but we can learn a number of lessons from experiences with P4P to date, and ways to improve the designs of P4P programs are becoming apparent. We anticipate that a “second generation” of P4P programs can now be developed that can have greater impact and be better integrated with other interventions to improve the quality of care and reduce costs.
Download or read book The New Pay written by Jay R. Schuster and published by Jossey-Bass. This book was released on 1992 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on an insightful study of the methods employed by the most successful Fortune 100 companies, this pioneering book offers innovative strategies for creating employee compensation packages that any company can use to increase its competitiveness and achieve superior performance. Line drawings.
Download or read book Paying for Performance written by Patricia L. Booth and published by . This book was released on 1987 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the use of incentives and bonus plans among 157 medium-sized and large private sector Canadian organizations in a variety of industrial sectors....Six basic incentive or bonus plans are examined in this study. Three are stock-based plans and long term in nature: stock option, stock grant and stock purchase. The other three are cash-based, short term plans: profit sharing, cash bonus and productivity gainsharing.
Download or read book Performance related Pay and Productivity written by Claudio Lucifora and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing number of firms offer compensation packages that link pay to performance. The aim is to motivate workers to be more efficient while also increasing their attachment to the company, thereby reducing turnover and absenteeism. The effects of performance-related pay on productivity depend on the scheme type and design, with individual incentives showing the largest effect. Governments often offer tax breaks and financial incentives to promote performance-related pay, though their desirability has been questioned due to large deadweight losses involved. The diffusion of remote work will increase the relevance of performance-related pay.
Download or read book COMPENSATION MANAGEMENT Rewarding Performance written by S.S. UPADHYAY and published by Global India Publications. This book was released on 2009-12 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines a new way of looking at rewards-a holistic approach that uses measurement to determine what an organization actually valuses (in terms of skills, knowledge, experience and behaviors).Further it analyzes the impact of the braod spectrum of reward programs (pay benefits and carrers) on human capital and, in turn, on an organization's profitability.It discusses variable pay programmes, competency models to employee reward, talent management for business optimization, compenation in Not-For-Profit Organizations, designing the annual management incentive plan etc.
Download or read book Designing an Effective Pay for Performance Compensation System written by United States. Merit Systems Protection Board and published by . This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of pay for performance -- Benefits and risks associated with pay for performance -- What are the goals of pay for performance? -- Who should be paid for performance? -- How should employees be rewarded? -- How should performance-based pay be funded? -- How can costs be managed? -- Who provides input to performance ratings? -- How can agencies facilitate pay system integrity?
Download or read book Designing an Effective Pay for Performance Compensation System written by Cynthia H. Ferentinos and published by . This book was released on 2006-07 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Government agencies are moving to better align pay with performance & create organizational cultures that emphasize performance rather than tenure. However, agencies must invest time, money, & effort in the design of their pay for performance compensation systems in order to succeed. To help agencies understand the critical prerequisites to success & key decision points, a review was conducted of professional & academic writings on the topic of pay for performance. This user-friendly guide summarizes the research findings. Contents: a summary of pay for performance; benefits & risks associated with pay for performance; pay for performance decision points; conclusions & recommendations; & bibliography. Illustrations.
Download or read book Sorting Effects of Performance Pay written by Maris Goldmanis and published by . This book was released on 2013 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compensation not only provides incentives to an existing manager, but also affects the type of manager attracted to the firm. This paper examines the dual incentive and sorting effects of performance pay in a simple contracting model of endogenous participation. In general, sorting dampens optimal pay-performance sensitivity (PPS), as PPS beyond a nominal amount transfers unnecessary (information) rent to the manager. This helps explain why empirical estimates of PPS are much lower than predictions from models of moral hazard alone. The model also predicts that sorting under asymmetric information causes the firm to turn away more candidates than would be efficient; PPS increases in the cost of hiring the manager and in the manager's outside option, but decreases in output risk, information risk, and managerial risk-aversion; the firm becomes more selective in hiring as either the manager's outside option, the cost of hiring, risk-aversion, output risk, or information risk increases.
Download or read book Executive Remuneration and Employee Performance Related Pay written by Tito Boeri and published by Fondazione Rodolfo Debendetti. This book was released on 2013-03-28 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The compensation packages of a growing proportion of firms include pay schemes that are linked to employee or company performance, yet little is known about the patterns of performance related pay. This book compares US and European CEOs to investigate the evolution of executive compensation, its controversies, and its resulting regulations.
Download or read book Pay for Performance written by Robert L. Heneman and published by Pergamon. This book was released on 1984 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
