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.
Reward First � People Consulting
Make performance pay work harder for you
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.