Pay For Performance

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Handbook of Principles of Organizational Behavior

Author : Edwin Locke
Publisher : John Wiley & Sons
ISBN 13 : 0470685336
Total Pages : 694 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Handbook of Principles of Organizational Behavior by : Edwin Locke

Download or read book Handbook of Principles of Organizational Behavior written by Edwin Locke and published by John Wiley & Sons. This book was released on 2011-07-15 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a strong movement today in management to encourage management practices based on research evidence. In the first volume of this handbook, I asked experts in 39 areas of management to identify a central principle that summarized and integrated the core findings from their specialty area and then to explain this principle and give real business examples of the principle in action. I asked them to write in non-technical terms, e.g., without a lot of statistics, and almost all did so. The previous handbook proved to be quite popular, so I was asked to edit a second edition. This new edition has been expanded to 33 topics, and there are some new authors for the previously included topics. The new edition also includes: updated case examples, updated references and practical exercises at the end of each chapter. It also includes a preface on evidence-based management. The principles for the first edition were intended to be relatively timeless, so it is no surprise that most of the principles are the same (though some chapter titles include more than one principle). This book could serve as a textbook in advanced undergraduate and in MBA courses. It could also be of use to practicing managers and not just those in Human Resource departments. Every practicing manager may not want to read the whole book, but I am willing to guarantee that every one will find at least one or more chapters that will be practically useful. In this time of economic crisis, the need for effective management practices is more acute than ever.

Economic Ideas You Should Forget

Author : Bruno S. Frey
Publisher : Springer
ISBN 13 : 3319474588
Total Pages : 166 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Economic Ideas You Should Forget by : Bruno S. Frey

Download or read book Economic Ideas You Should Forget written by Bruno S. Frey and published by Springer. This book was released on 2017-03-08 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.

Pay for Performance

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309044278
Total Pages : 221 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Pay for Performance by : National Research Council

Download or read book Pay for Performance written by National Research Council and published by National Academies Press. This book was released on 1991-02-01 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pay for performance" has become a buzzword for the 1990s, as U.S. organizations seek ways to boost employee productivity. The new emphasis on performance appraisal and merit pay calls for a thorough examination of their effectiveness. Pay for Performance is the best resource to date on the issues of whether these concepts work and how they can be applied most effectively in the workplace. This important book looks at performance appraisal and pay practices in the private sector and describes whetherâ€"and howâ€"private industry experience is relevant to federal pay reform. It focuses on the needs of the federal government, exploring how the federal pay system evolved; available evidence on federal employee attitudes toward their work, their pay, and their reputation with the public; and the complicating and pervasive factor of politics.

People, Performance, & Pay

Author : Thomas P. Flannery
Publisher : Simon and Schuster
ISBN 13 : 074323653X
Total Pages : 292 pages
Book Rating : 4.7/5 (432 download)

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Book Synopsis People, Performance, & Pay by : Thomas P. Flannery

Download or read book People, Performance, & Pay written by Thomas P. Flannery and published by Simon and Schuster. This book was released on 2002-01-15 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: People, Performance, and Pay identifies today's four most common organizational work cultures - functional, process, time-based, and network - and explains how to align innovative pay policies with each. With examples from LEGO, Hallmark, Holiday Inn, and other leading organizations, the authors explain how to assess an organization's current culture and determine what its future culture should be. They then demonstrate pay's role in such change initiatives, and how compensation must be integrated with other human resource processes, such as selection, training, and performance management. They also discuss the full range of pay strategies available today and how they can be best used to move the organization forward; for example, they recommend decreasing an organization's emphasis on base pay as it shifts from a functional culture to a process, time-based, or network culture. They also offer guidance on establishing team rewards, especially important in process and team-based cultures, and make a compelling case for putting more pay at risk through variable pay strategies. Here also is strategic advice on competency-based pay, performance-based rewards such as gain-sharing, executive pay, and benefits programs. As responsibility for compensation strategies and compensation decisions shifts away from the realm of the Human Resource Department, line managers and senior executives will find People, Performance, and Pay an invaluable reference for effectively using salary, incentives, and benefits to motivate and reward employees, improve quality, and increase productivity.

Designing an Effective Pay for Performance Compensation System

Author : Cynthia H. Ferentinos
Publisher :
ISBN 13 : 9781422305881
Total Pages : 51 pages
Book Rating : 4.3/5 (58 download)

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Book Synopsis Designing an Effective Pay for Performance Compensation System by : Cynthia H. Ferentinos

Download or read book Designing an Effective Pay for Performance Compensation System written by Cynthia H. Ferentinos and published by . This book was released on 2006-07 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Government agencies are moving to better align pay with performance & create organizational cultures that emphasize performance rather than tenure. However, agencies must invest time, money, & effort in the design of their pay for performance compensation systems in order to succeed. To help agencies understand the critical prerequisites to success & key decision points, a review was conducted of professional & academic writings on the topic of pay for performance. This user-friendly guide summarizes the research findings. Contents: a summary of pay for performance; benefits & risks associated with pay for performance; pay for performance decision points; conclusions & recommendations; & bibliography. Illustrations.

Pay for Performance in Health Care

Author : Jerry Cromwell
Publisher : RTI Press
ISBN 13 : 1934831042
Total Pages : 388 pages
Book Rating : 4.9/5 (348 download)

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Book Synopsis Pay for Performance in Health Care by : Jerry Cromwell

Download or read book Pay for Performance in Health Care written by Jerry Cromwell and published by RTI Press. This book was released on 2011-02-28 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a balanced assessment of pay for performance (P4P), addressing both its promise and its shortcomings. P4P programs have become widespread in health care in just the past decade and have generated a great deal of enthusiasm in health policy circles and among legislators, despite limited evidence of their effectiveness. On a positive note, this movement has developed and tested many new types of health care payment systems and has stimulated much new thinking about how to improve quality of care and reduce the costs of health care. The current interest in P4P echoes earlier enthusiasms in health policy—such as those for capitation and managed care in the 1990s—that failed to live up to their early promise. The fate of P4P is not yet certain, but we can learn a number of lessons from experiences with P4P to date, and ways to improve the designs of P4P programs are becoming apparent. We anticipate that a “second generation” of P4P programs can now be developed that can have greater impact and be better integrated with other interventions to improve the quality of care and reduce costs.

Pay for Results

Author : Mercer, LLC
Publisher : John Wiley & Sons
ISBN 13 : 047047811X
Total Pages : 288 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Pay for Results by : Mercer, LLC

Download or read book Pay for Results written by Mercer, LLC and published by John Wiley & Sons. This book was released on 2009-03-17 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The numerous incentive approaches and combinations and their implications can be dizzying even to the compensation professional. Pay for Results provides a road map for developing and implementing executive incentives that drive business needs and strategy. It is filled with specific analytic tools, including tables, exhibits, forms, checklists. In addition, it uncovers myths in performance measurement strategy and design. Timely and thorough, this book expertly shows businesses how to drive their specific needs and strategy. Human resources and compensation officers will discover how to apply performance metrics that align with shareholder investment.

Merit Pay

Author : Robert L. Heneman
Publisher : IAP
ISBN 13 : 1607529122
Total Pages : 309 pages
Book Rating : 4.6/5 (75 download)

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Book Synopsis Merit Pay by : Robert L. Heneman

Download or read book Merit Pay written by Robert L. Heneman and published by IAP. This book was released on 2004-12-01 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was written to bring together a summary of the current knowledge on merit pay and to further advance understanding of this type of incentive pay plan. When the writing of the first edition was begun in 1989, there were no books devoted exclusively to the subject of merit pay. Thus, this book was written to fill a void in the compensation literature. Since then, surveys have shown that merit pay remains a frequently used method of incentive compensation, and research into the merit pay process continues to grow. However, other forms of incentive pay, such as gainsharing, continue to receive the most attention, as evidenced by the number of books and articles on this topic in the popular press. In response to the frequent use of merit pay in organizations and the growing body of research, a book-length treatment of merit pay was needed. What we hope to do with this second edition, beyond updating, is to link merit pay with the many changes going on in total compensation or "reward management" (R. Heneman, 2001a, 2002). We also will argue that, even among all the challenges and changes that organizations currently face, there is still "merit" in appropriately conceived and implemented merit pay plans (Bates, 2003c).

Managing Without Supervising

Author : William B. Abernathy
Publisher :
ISBN 13 : 9780965527613
Total Pages : 0 pages
Book Rating : 4.5/5 (276 download)

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Book Synopsis Managing Without Supervising by : William B. Abernathy

Download or read book Managing Without Supervising written by William B. Abernathy and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business Performance Measurement

Author : Andy Neely
Publisher : Cambridge University Press
ISBN 13 : 9780521803427
Total Pages : 386 pages
Book Rating : 4.8/5 (34 download)

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Book Synopsis Business Performance Measurement by : Andy Neely

Download or read book Business Performance Measurement written by Andy Neely and published by Cambridge University Press. This book was released on 2002-03-07 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A multidisciplinary book on performance measurement that will appeal to students, researchers and managers.

Pay for Performance

Author : Thomas C Mawhinney
Publisher : Routledge
ISBN 13 : 1317953061
Total Pages : 199 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Pay for Performance by : Thomas C Mawhinney

Download or read book Pay for Performance written by Thomas C Mawhinney and published by Routledge. This book was released on 2019-07-18 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1992. This collection is devoted to trying to provide a better understanding of pay for performance. The volume includes an excellent history, a notable long-term success story that is at least partly based on pay for performance, a discussion of the source of some of the misunderstandings, a review of some of the better research on the subject, and some promising research developments.

Paying for Performance in Healthcare: Implications for Health System Performance and Accountability

Author : Cheryl Cashin
Publisher : McGraw-Hill Education (UK)
ISBN 13 : 0335264395
Total Pages : 338 pages
Book Rating : 4.3/5 (352 download)

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Book Synopsis Paying for Performance in Healthcare: Implications for Health System Performance and Accountability by : Cheryl Cashin

Download or read book Paying for Performance in Healthcare: Implications for Health System Performance and Accountability written by Cheryl Cashin and published by McGraw-Hill Education (UK). This book was released on 2014-09-16 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Health spending continues to grow faster than the economy in most OECD countries. In 2010, the OECD published a study of strategies to increase value for money in health care, in which pay for performance (P4P) was identified as an innovative tool to improve health system efficiency in several OECD countries. However, evidence that P4P increases value for money, boosts quality of processes in health care, or improves health outcomes is limited.This book explores the many questions surrounding P4P such as whether the potential power of P4P has been over-sold, or whether the disappointing results to date are more likely rooted in problems of design and implementation or inadequate monitoring and evaluation. The book also examines the supporting systems and process, in addition to incentives, that are necessary for P4P to improve provider performance and to drive and sustain improvement. The book utilises a substantial set of case studies from 12 OECD countries to shed light on P4P programs in practice.Featuring both high and middle income countries, cases from primary and acute care settings, and a range of both national and pilot programmes, each case study features: Analysis of the design and implementationdecisions, including the role of stakeholders Critical assessment of objectives versus results Examination of the of 'net' impacts, includingpositive spillover effects and unintended consequences The detailed analysis of these 12 case studies together with the rest of this critical text highlight the realities of P4P programs and their potential impact on the performance of health systems in a diversity of settings. As a result, this book provides critical insights into the experience to date with P4P and how this tool may be better leveraged to improve health system performance and accountability. This title is in the European Observatory on Health Systems and Policies Series.

Pay Without Performance

Author : Lucian A. Bebchuk
Publisher : Harvard University Press
ISBN 13 : 9780674020634
Total Pages : 308 pages
Book Rating : 4.0/5 (26 download)

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Book Synopsis Pay Without Performance by : Lucian A. Bebchuk

Download or read book Pay Without Performance written by Lucian A. Bebchuk and published by Harvard University Press. This book was released on 2004 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.

Rewarding Provider Performance

Author : Institute of Medicine
Publisher : National Academies Press
ISBN 13 : 0309102162
Total Pages : 273 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Rewarding Provider Performance by : Institute of Medicine

Download or read book Rewarding Provider Performance written by Institute of Medicine and published by National Academies Press. This book was released on 2007-02-17 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third installment in the Pathways to Quality Health Care series, Rewarding Provider Performance: Aligning Incentives in Medicare, continues to address the timely topic of the quality of health care in America. Each volume in the series effectively evaluates specific policy approaches within the context of improving the current operational framework of the health care system. The theme of this particular book is the staged introduction of pay for performance into Medicare. Pay for performance is a strategy that financially rewards health care providers for delivering high-quality care. Building on the findings and recommendations described in the two companion editions, Performance Measurement and Medicare's Quality Improvement Organization Program, this book offers options for implementing payment incentives to provide better value for America's health care investments. This book features conclusions and recommendations that will be useful to all stakeholders concerned with improving the quality and performance of the nation's health care system in both the public and private sectors.

Pay-for-performance Teacher Compensation

Author : Phil Gonring
Publisher :
ISBN 13 : 9781891792434
Total Pages : 0 pages
Book Rating : 4.7/5 (924 download)

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Book Synopsis Pay-for-performance Teacher Compensation by : Phil Gonring

Download or read book Pay-for-performance Teacher Compensation written by Phil Gonring and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Denver's groundbreaking campaign to introduce performance-based pay for teachers captured national and international attention and has paved the way for similar efforts elsewhere. Based on unprecedented labor-management collaboration, the newly implemented ProComp compensation plan is the most advanced in the country. Each teacher's pay is based on several factors: evaluated performance, professional development efforts, and willingness to work with at-risk populations, as well as student achievement. Denver's ProComp plan has raised the debate over teacher compensation to a new level. In this book, Phil Gonring, Paul Teske, and Brad Jupp--among the key players in this successful come-from-behind campaign--offer the inside story of the ProComp initiative. They describe how entrepreneurial behavior within the teachers union and support from outside philanthropic groups propelled the plan from a cutting-edge concept into concrete policy. "ProComp has established a foundation for future efforts to change how teachers are paid. This book reveals the details of the brave effort to rethink teacher compensation through labor-management collaboration. And when it comes to education reforms, the details are precisely the toughest part." -- Adam Urbanski, Director, Teacher Union Reform Network "When the history of the triumph of pay-for-performance teacher compensation is finally written, this book will be one of the key sources. Gonring, Teske, and Jupp recount the process, explain the initiative, and foreshadow what's next for this issue. In doing so they make clear why Denver has played a signal role in this debate." -- Andy Rotherham, Cofounder and Codirector of Education Sector Phil Gonring is a senior program officer at Rose Community Foundation. He was integrally involved in ProComp's development and continues to lead the philanthropic community's efforts to implement the ProComp plan. Paul Teske is a professor of public affairs and director of the Center for Education Policy Analysis at the School of Public Affairs at the University of Colorado at Denver and Health Sciences Center. Brad Jupp is a senior academic policy advisor to the superintendent of the Denver Public Schools. Jupp served six years as a union representative and teacher leader in the effort to create ProComp.

Performance Pay for Teachers

Author : Edward Conrad Wragg
Publisher : Psychology Press
ISBN 13 : 0415324165
Total Pages : 194 pages
Book Rating : 4.4/5 (153 download)

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Book Synopsis Performance Pay for Teachers by : Edward Conrad Wragg

Download or read book Performance Pay for Teachers written by Edward Conrad Wragg and published by Psychology Press. This book was released on 2004 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first widespread incentive pay scheme was initiated in UK schools in 2000. This book is the result of monitoring the whole process from its inception. The authors visited schools, observed lessons, and solicited the views and experiences of a large collection of teachers and headteachers. Their discoveries are presented in this lively book. They include the views of teachers who were successful in crossing the threshold, those who weren't and those who chose not to apply, and headteachers who had to make the decisions. The book focuses on the following schemes: * headteachers' experiences of training * the outcomes in their own school * their relationship with external assessors * their hopes and fears for the future * their assessment of the influence on classroom practice * what did teachers change and not change in their teaching as a result of performance management * what means they employed to further their own professional development. This timely book is a useful resource for anyone involved in education, whether it be a classroom teacher, headteacher, administrator or policy-maker.

Performance-related Pay Policies for Government Employees

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264007555
Total Pages : 217 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Performance-related Pay Policies for Government Employees by : OECD

Download or read book Performance-related Pay Policies for Government Employees written by OECD and published by OECD Publishing. This book was released on 2005-05-20 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents an overview of performance-related pay policies (PRP) for government employees in selected OECD member countries over the past two decades. Both the strengths and the weaknesses of PRP policies are assessed. The report explores ...