Think HR Think CHRM
Sunday - 12 Jul 2020 on LinkedIn
Username : Password: Forgot Password?
Pay for Performance programs
Human Resources » Performance Management

Chrm Message From: Jim Watson Total Posts: 27 Join Date: 10/11/2006
Rank: Executive Post Date: 19/12/2008 03:30:55 Points: 135 Location: United States

Dear Friends,

I have hear a lot of talk and seen many articles written about pay for performance programs but I don't really see where they are common (other than sales commissions and executive bonuses). Is anyone thinking about implementing pay for performance programs at their company?


Jim Watson

Chrm Message From: senthil.m Total Posts: 43 Join Date: 10/11/2006  
Rank: Executive Post Date: 23/12/2008 02:49:46 Points: 215 Location: United States

Dear jim,

Pay generally means salary earned after performance. Pay also means, salary fixed based on the performance in the interview. Whcih one u are referring to. If u mean salary earned after performance, it is payment by results which is calculated based on Job Evaluation. If u mean salary fixed based on performance in the Test/Interview, then it is based on Pschometrics. However, in both the cases,mathematical calculations are involved. For a detailed information, please refer to Garu Dessler's "Psycho-Metric Tests" and Prem Chadha's "Performance Management.

Best of luck.


Related Discussion
Measuring the Performance
Case Study : Variable Pay
Best practices in employe
Evaluation Method for Per
How to make Performance R
Performance Appraisal of
Effectiveness of Performa
Feedback on Performance
Linking People, Strategy
Performance Linked Variab
Related Articles
Performance Development P
Ingredients of Management
Linking Pay to Performanc
Pay for Performance Syste
Coaching for Improved Per
Poor Leadership Affects B
Asking for a Pay Raise
Bell Curve Method of Perf
Performance Measurement T
Measuring People and Perf