HRM533 assignment #4 Utley edited 1

Pay for performance is a reward system that compensates employees of an organization

 

based on measures of quality and efficiency in their work. The work environment at an

 

organization should be analyzed to see if it would benefit from a new rewards system

 

before implementing a pay for performance system. Implementing a new system would

 

require an organization to look at how a new system would affect management and how

 

would it affect the existing system? Therefore, organization decision makers should

 

carefully consider their design options and be aware of potential advantages and

 

disadvantages. To aid organization decision makers with these important decisions,  

 

all department heads, senior management, and the human resources department should

 

meet and decide who should be covered, what should be rewarded, how to reward

 

employees, and make sure integrity is maintained within the pay system.
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