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Pay for performance

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Answer should be related to a U.S. company

1. a. Set forth and explain in detail the concept of pay for performance.
b. Do you believe that pay for performance is the most ethical and efficient payment system? Explain in detail why or why not.

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Pay for performance questions
Answer should be related to a U.S. company

1. a. Set forth and explain in detail the concept of pay for performance.

Pay for performance means that incentive pay is given for specific performance results rather than simply for the time worked. In Ford Motor Company, pay for performance has been used. In case of pay for performance there is a structured interaction between the supervisor and a subordinate in which the subordinate's performance is evaluated and discussed. Pay for performance works when it is used to determine the pay raises of ...

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