How to effectively link compensation with performance.
Industrial Management › Vol. 33 Nbr. 3, May 1991
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How to effectively link compensation with performance.
How to Effectively Link Compensation With Performance
To effectively link compensation with performance, it's important to have a clear understanding of basic motivational factors, such as those discovered by Frederick Taylor. Next, it is necessary to analyze the impact of the intrinsic-extrinsic approach on rewards management. Then, the expectancy theory defines the effectiveness of the reward or compensation. Lastly, an action plan must be implemented to assure the link is made and...See the full content of this document
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