ADM 3337 Chapter Notes - Chapter 10: Procedural Justice, Weighted Arithmetic Mean, Training And Development
18 Apr 2016
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Adm3337 chapter 10- pay for performance- performance appraisal plan and design: Pay-for-performance plan: a pay plan that links individual pay to some measure or performance on the job. The way hr practices are designed affects the way employees perceive the company. Compensation decisions and practices should be designed to increase the likelihood that employees will behave in ways that help the organization achieve its strategic objectives. Linking organizational strategy to compensation and performance management. Employers want employees to perform in ways that lead to better organizational performance. Employee performance depends on three general factors: ability, motivation to perform, supportive environment. Employees need to be motivated to behave in ways that help the organization. Pay and other rewards should encourage desired behaviors. Important to ensure that what is expected of employees and what is measured in performance reviews is consistent with all compensation and hr practices.
