Pay for Performance Research Paper Example | Topics and Well Written Essays - 500 words

Pay for Performance - Research Paper ExampleTherefore, effectiveness of pay for military operation can be measured with surveys aims at findings about employee satisfaction and motivation levels (Gomez-Mejia, 2010). Furthermore, their on job performances and achievement of their goals may also help in well-read that whether or not certain pay for performance program is effective. Lastly, financial numbers and ratios, such as revenues, sales, expenses, profitability, operating income, profit margins, return on investing and others remain as major tool to measure their effectiveness. If any pay for performance plan is motivating employees but not adding to the financial success of the familiarity then it is better for the company to revisit the plan and the processes (Schuler & Jackson, 2007). There are many advantages of pay for performance programs for the employees and that is why many companies opt for it. First, by gainful employees for their efforts and performances, employe rs motivate them to improve their performances in order to earn more (Gerhart & Rynes, 2003). Despite the fact that money is not the only motivator, it is biggest motivator, which means that employees are highly probable to work harder and bring more profits to the company to earn more.