Affects of pay on Worker Performance
Could you assist me with the important question of pay and
the effects of pay on worker job performance.
Imagine that you are a new
Director of Human Resource Management coming into a medium size organization of
800 salaried and hourly employees. Let’s assume that this is a manufacturing
company with 80% hourly employees and 20 % salaried employees. You have been
asked by Senior Management to discuss the pros and cons of a pay for
performance wage system. In your discussion, prepare three bullet points that
support a pay for performance system for all employees. On the other side of
the issue, give three bullet points that may be negative in adopting a pay for
performance system. Remember, you want to address only the pros and cons of a
pay for performance system coming to all salaried and hourly employees.