Individual Performance Related Pay – A Motivational Tool For Enhancing Employee Efficiency
Methods involved under individual performance payQuestion:Critically evaluate the extent to which individual performance related pay can stimulate higher levels of performance from Employees.As per Van De Voorde, Paauwe, & Van Veldhoven (2012), Individual performance related pay is the term which explains that an employee gets the rewards and payment as per their efficiency and as per their skills and talent. Sometimes this tool is also used…
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