However, some plans have not worked. For example, Cincinnati teachers voted against a merit pay proposal and Philadelphia teachers gave their bonus checks to charity rather than cashing them. It appears that having teachers involved in planning the incentive system is one key factor to success. The same can be said for all incentive plans – if employees don’t buy into them, they will not work.
Your paper may be based on a business entity of your choosing from the public or private sector and must answer the following Research Questions:
1. How could an organization measure the effectiveness of its pay-for-performance plan(s)?
2. From an employee’s perspective, what are the advantages and disadvantages of using a pay-for-performance plan?
3. From an employer’s perspective, what are the advantages and disadvantages of using a pay-for-performance plan?
Did you know that effective analysis of concepts requires professionalism in handling academic research Papers? Do no compromise on your grade choose professional Research writers at homeworkcrew.com