Risks of the pay-for-performance system

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Formulate an incentive Plan and Pay for Performance and predict its effects in attracting, retaining and motivating employees

Your organization, an Abu Dhabi-based public healthcare provider, is planning to introduce a pay-for-performance system to enhance the employees' productivity and motivation (Mainly the nurses). Your supervisor, the HR Director asked you to draft a plan for introducing such a system. He's particularly worried about the fact that pay-for-performance might not work well in public sector organizations, a theory that you reject. Using the course material, the two below-listed references (attached on Moodle) and other references, write a five-page report where you:

1. Explain the advantages and risks of the pay-for-performance system.

2. Identify the steps and the components of your plan.

3. Demonstrate how your system will help motivate and increase the productivity of the nurses.

Important:

- The two attached papers are mandatory reads, but you may want to use more references.
- There will be a team presentation at the end of the Fall Term.
- The references that you used to write the report should be cited at the end of the report.

References

Taylor, J. and Beh, L. (2013), "The impact of pay-for-performance schemes on the performance of Australian and Malaysian government employees", Public Management Review, Vol. 15, No. 8, pp. 1090-1115.

Atkinson, M., Fulton, M. and Kim, B. (2014), "Why do governments use pay for performance?Contrasting theories and interview evidence", Canadian Public Administration, Vol. 57, No. 3, pp- 436-458.

Verified Expert

Pay for performance is designed for better organizational performance. Financial incentives comprises the core strategic factors behind the organizational performance. pay for performance has two faceted outcomes. If well designed, implemented and dynamically monitored, the model is quite effective. The discussion is about the advantages, risk and particular consideration to the operational implications to the health care industry. Other discussion in the model discusses the possible implications to the nurses in the health care set-up.

Reference no: EM131269618

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Reviews

len1269618

11/8/2016 12:40:55 AM

Make its simple and prepare the Powerpoint. note: when you prepare the powerpoint don't put the all project on like always - Formulate an incentive Plan and Pay for Performance and predict its effects in attracting, retaining and motivating employees

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