Question: Performance related pay (PRP) links pay to performance and it acts as a motivator in the form of monetary rewards and by recognising achievements. By

Performance related pay (PRP) links pay to performance and it acts as a motivator in the form of monetary rewards and by recognising achievements.

By using relevant organisational case examples, explain FIVE (5) key success factors in performance related pay implementation to attract, motivate and retain talents. (75 marks)

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