Discuss the benefits, challenges and tradeoffs of pay-for-performance, or merit pay. How would a pay-for-performance policy support the organization's strategic goals? What factors should be considered in evaluating the effectiveness of this practice?

Answer rating: 100% (QA)

Payforperformance or merit pay systems offer several benefits along with challenges and tradeoffs Benefits 1 Increased Motivation and Performance Merit pay provides a direct link between employee perf... View the full answer