August 26th, 2009 | 
Author: Overview:
In this course you’ll learn how to create a pay-for-performance system for your organization. This differs from a variable pay plan (covered in DLC Course 75), in that pay-for-performance bases pay increases on a performance appraisal, not quantifiable work output. Pay for performance is growing in popularity because it allows organizations to reward employees for goals key to organization success. This course will show you whether or not pay for performance is appropriate for your company and how to set up a pay-for-performance plan.
Learning Objectives:
* Determine whether or not pay for performance is suitable for your organization
* Create an open rate range and guide chart
* Select a performance appraisal method
* Administer a pay-for-performance program
* Use research software to determine performance pay
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