Pay-for-performance model of compensation

Assignment Help Business Management

Reference no: EM133733595

Question

Your organization has announced a change in the compensation model. Effective 60 days from now your company will shift to a pay-for-performance model of compensation. Your employees have voiced concerns about linking pay to performance ratings. What actions will you take to help communicate this change and to help your employees work through the transition?

Reference no: EM133733595

Questions Cloud

Which spider-character is your favorite : Which Spider-Character is your favorite? Why? What does this quote mean, and how does it illustrate the theme/message of the film?

Describe side a of your chosen historical event : Describe side A of your chosen historical event. Offer evidence from more than one media source. Describe side B of your chosen historical event.

How changes in work environment can impact innovation : Explain how changes in the work environment can impact innovation in an organisation. Explain how taking risks can open up opportunities for innovation.

Are there days you consumed media more than others : Are there days you consumed media more than others? Do you recall if you were you consuming the media alone, with family or friends?

Pay-for-performance model of compensation : Your organization has announced change in compensation model. Effective 60 days from now your company will shift to pay-for-performance model of compensation

How they continue to increase their market share of students : If the University of Maine wanted to follow a concentration strategy, how could they continue to increase their market share of students?

Which can help workers manage stress in workplace : Which can help workers manage stress in the workplace, also explain how it aids employees in coping with stress.

Prepared for any future threats and opportunities : prepare a report that examines the management functions of the organisation to be better prepared for any future threats and opportunities.

Leadership styles and partnerships : You considered leadership styles and partnerships against the backdrop of problems.

User Account

All Pages