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What value does a pay-for-performance compensation plan offer an organization? In which situations might a pay-for-performance compensation plan not create value for an organization? What
What value does a pay-for-performance compensation plan offer an organization? In which situations might a pay-for-performance compensation plan not create value for an organization? What type of employee might benefit from a pay-for-performance plan? Which type of employee is not suited for pay-for-performance? How might the pay-for-performance concept vary in effectiveness by industry? If an employee is compensated according to the value that the employee produces for the organization, what should happen to an employee's pay when the employee fails to produce value (e.g., in any given hour, day, week, etc.)
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