Question: For this task, you are to prepare a briefing note that reviews the utility of pay for performance in the context of a real organisation.
For this task, you are to prepare a briefing note that reviews the utility of pay for performance in the context of a real organisation. Your briefing note will be based on both an interview with an industry practitioner and a review of the literature. So, for this task you will:
1. Complete a review of peer-reviewed literature exploring the relative strength and weaknesses of
performance-based pay
2. Conduct an interview with a relevant manager to identify, describe and analyse the current reward
system in their organisation.
3. Prepare a briefing note that:
1. Synthesises recent research into reward systems highlighting the strengths and weaknesses
of pay for performance systems
2. Highlights the strengths and weaknesses of the organisations current approach with reference
to theory AND findings in peer-reviewed literature.
3. Makes recommendations for actions that need to be taken to improve the utility of the current
reward system.
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