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Pay for performance systems

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What are considered factors leading to successful pay for performance? What factors lead to the greatest success? Also, how do you define pay for performance systems as successful?

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Solution Summary

A discussion regarding factors leading to successful pay for performance as well as a discussion regarding preformance management systems. [161 words, 1 reference].

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Factors leading to successful pay for performance are: (taken from David, 2007)
- Alignment of organizational goals with personal goals of the employee
- Very clear expectations set with the employee initially (so the employee knows what they need to do to meet specific merit increase requirements)
- Executive ...

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