Pay for performance (human resources)

Pay for performance (human resources)

Pay for performance, sometimes abbreviated "P4P", is a motivation concept in human resources, in which employees receive increased compensation for their work if their team, department or company reaches certain targets. As of 2005, 75 percent of all U.S. companies connect at least part of an employee's pay to measures of performance.

ee also

*Pay for performance (healthcare)
*Pay for performance advertising

External links

*Harvard Business School "Working Knowledge": [http://hbswk.hbs.edu/item/3424.html Pay-for-Performance Doesn’t Always Pay Off] (Retrieved 2007-03-19)


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Pay for performance — may refer to:*Pay for performance (healthcare), an emerging movement in health insurance, in which providers are rewarded for quality of healthcare services*Pay for performance (human resources), a system of employee payment that links… …   Wikipedia

  • Pay for performance (healthcare) — Pay for performance is an emerging movement in health insurance (initially in Britain and United States). Providers under this arrangement are rewarded for meeting pre established targets for delivery of healthcare services. This is a fundamental …   Wikipedia

  • pay for performance — ˌpay for perˈformance noun [uncountable] HUMAN RESOURCES pay that increases when your work improves or becomes more productive and goes down if the opposite happens; = MERIT PAY; PERFORMANCE RELATED PAY * * * pay for performance UK US noun [U] HR …   Financial and business terms

  • Human resources — Manpower redirects here. For other uses, see Manpower (disambiguation). For other uses, see Human resource. Human resources is a term used to describe the individuals who make up the workforce of an organization, although it is also applied in… …   Wikipedia

  • Chief human resources officer — A Chief Human Resources Officer (CHRO) is a corporate officer who oversees all HR and industrial relations operations for an organization. Similar job titles include: Chief People Officer, Chief Personnel Officer, Executive Vice President of… …   Wikipedia

  • performance-related — perˈformance reˌlated adjective HUMAN RESOURCES performance related payments, benefit S etc are ones that increase when your work improves or becomes more productive and decrease if the opposite happens: • Workers at most gold mines will receive… …   Financial and business terms

  • pay — ▪ I. pay pay 1 [peɪ] noun [uncountable] the money someone receives for the job they do: • She got the job, but it meant a big pay cut. • an increase in hourly pay • All I want is a full day s work for a full day s pay …   Financial and business terms

  • Human resource management — Human Resources Manager redirects here. For the 2010 Israeli film, see The Human Resources Manager. Human Resource Management (HRM, HR) is the management of an organization s employees.[1] While human resource management is sometimes referred to… …   Wikipedia

  • Human rights in Chile — are generally respected by the government. There were isolated reports of excessive use of force and mistreatment by police forces, of physical abuse in jails and prisons, and of generally substandard prison conditions. Authorities failed to… …   Wikipedia

  • performance — per‧form‧ance [pəˈfɔːməns ǁ pərˈfɔːr ] noun 1. [countable, uncountable] FINANCE the degree to which a company, investment, financial market etc is profitable: • The company is showing strong performance and doing considerably better than the… …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”