reward first people consulting
Just
Rewards
May 2012 issue
Why is the jury still out on performance pay?
"Performance pay has been around for decades though the jury is still divided on whether it actually motivates staff to perform better"
Greetings! 

Welcome to the May issue of Just Rewards. In this month's issue we turn our attention to performance pay - the system that links base pay increases or cash-based bonuses to an assessment of individual performance. Despite the fact that this form of reward has been widely used for many years, the jury is still out on whether it really does perform.

We explore why performance pay is controversial, examine the pros and cons of using it - and suggest when and how this form of reward can work most effectively.

In this issue:
  • Make performance pay work harder for you
  • News and updates
  • Rewarding Tips - performance pay
  • Next newsletter - July 2012

If you've found something in this newsletter helpful, or there's a topic you'd like to see us cover in future issues,
please drop us a line.

Best wishes
Sylvia Doyle
Reward First People Consulting
 reward-first.com
linkedIn linkedin.com/in/sylviadoyle
Make performance pay work harder for you 

According to the CIPD 2011 Reward Management survey, over half the organisations in the UK use some  form 
of performance pay. 
 
So why, despite being so widespread, does this reward system remain controversial? 
 
In this article we explore whether it's to do with performance pay itself, or the way it's implemented.



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About Reward FirstPeopleConsulting
 
We are a specialist independent reward consultancy with a proven track record of delivering pragmatic reward solutions since 2004.

 

Reward First People Consulting is led by Sylvia Doyle  founder and Managing Consultant. 
 
Contact us on Tel.:01367 710 618 or by Email
 

News and updates

 

■ Next CIPD Central London Reward event on 13th June on Connecting the talent and reward touch points with Maria Strid of HSBC Bank 

 

■ FTSE 100 pay 'unrelated to financial results' according to recent report from financial research firm Obermatt

 

 

 

Rewarding Tips: performance pay 
 

This month's Rewarding Tips will help you to stay abreast of the Do's and the Don'ts of performance pay:

 

   
Next Time 
The July newsletter will focus on linking reward to engagement. If there is a topic that you would like me to cover in a future issue please contact me
 
Please note that this information is provided as general guidance only. If you need specific advice relating to your requirements, please contact us on +44 (0) 1367 710 618.

Tel: +44 (0) 1367 710618      Email: sylvia.doyle@reward-first.com
Reward First People Consulting Ltd is registered in England. Company No. 5186613