FND MGMT SVE&PREP&MML/ET
FND MGMT SVE&PREP&MML/ET
10th Edition
ISBN: 9780134859651
Author: Robbins
Publisher: PEARSON
Question
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Chapter 11, Problem 6DQ
Summary Introduction

To determine:

To discuss the advantages and disadvantages of using pay-for-performance to motivate the employees.

Introduction:

Pay-for-performance gives its employees rewards for their work and great performance such as bonuses for reaching their future goals, profit sharing with employees. A performance-related pay has both its advantages and drawbacks. Some employees will feel satisfied with performance-related pay as it encourages employees to do more work and they will be satisfied whereas other members will find it ill-managed as well as can demotivate other employees and may create pressure on them.

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