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Sample HR Management Paper on Pay-for-performance plan

Pay-for-Performance plan

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Modern organizations use different incentives to improve both quality and quantities production. Organizations that adopt incentives for quality production operate in the service-based industry. Product-based firms adopt incentives that increase quantity production. Direct incentives are awarded to employees as part of their contribution to the success of an organization. Indirect incentives – implemented as long-term plans – aim at creating a sustainable relationship between an organization and employees. Improving a positive organizational image, through ethical practices and professionalism, would be vital in maintaining profitability in a firm. A pay-for-performance plan that creates a strong employee-base as it improves an organization culture would be effective for any organization.

Organizations should consider a proposal that includes a pay-for-performance plan which …

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