Pay for performance can be defined as a financial reward system for employees where some or all of their monetary compen
Posted: Sun Jul 03, 2022 5:22 pm
Pay for performance can be defined as a financial reward systemfor employees where some or all of their monetary compensation isrelated to how their performance is assessed relative to statedcriteria, namely KPIs and Competency Behaviors. Performance-relatedpay can be used in a business context for how an individual, a teamor the entire company performs during a given time frame. DiscussFive (5) advantages of pay for performance. (Total: 6 Marks)
Course
COMPENSATION MANAGEMENT
Course
COMPENSATION MANAGEMENT