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What is the main argument in favour of performance-related pay? (a) It is an effective motivator (d) right and proper to recognize good performance?

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Question added by Saifeldin Osman Ali , Human Resources Consultant , Aldoha investment CO LTD Sudan
Date Posted: 2016/01/20
Tuan Shameer Ajireen ACMA, CGMA, IAB, TMI
by Tuan Shameer Ajireen ACMA, CGMA, IAB, TMI , Head of Finance / Senior Accountant , Expolanka Holdings PLC

The main argument in favour of performance related pay is that; the company which is strategically aiming at KPI's could link its remuneration against KPIs where performance is valued in line with organizations strategy. This would motivate, bring all into a common goal, etc where in the organization conflicting interests in functionality & responsibility are also part of the business. A well crafted performance related pay would stimulate growth; whereas a poorly crafted pay would be the reason behind internal conflicts & many problems to follow. 

Saifeldin Osman Ali
by Saifeldin Osman Ali , Human Resources Consultant , Aldoha investment CO LTD Sudan

 

 Answer is (d) Right and proper to recognize good performance

 

 

 

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