Abstracts - faqs.org

Abstracts

Human resources and labor relations

Search abstracts:
Abstracts » Human resources and labor relations

The myth and the reality of pay for performance

Article Abstract:

A popular method of merit pay administration will result in balanced budgets, though at the risk of bankrupting all credibility of performance-based wage programs. Research reveals that neither employees or top management should be blamed for poor performance appraisal methods, though even the most effective merit evaluation process will be left useless or possibly harmful by an inadequate budgeting system. In a real effort to prevent conflict over discrepancies between budgeted plans and the real needs at that very moment, merit-pay processors have tried to make the budget process better agree with reality.

Author: Brennan, E. James
Publisher: Crain Communications, Inc.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1985
Innovations, Economic aspects, Wages and salaries, Performance standards, Job performance standards

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Increasing minimum wages without maximum cost

Article Abstract:

Amendments to the Fair Labor Standards Act will require a 15 percent increase in the lowest permitted wage rate. A sequence of fixed increases to the minimum wage rate is expected to follow. Employers should resist the temptation of a quick, but costly, fix by adjusting all salaries by 15 percent. Companies with grade range systems would find a distortion of pay practices affected by range position. Selective and increasingly smaller adjustments to supervisor and subordinate salaries may be sufficient in companies with many layers of supervisors with small salary differentials.

Author: Brennan, E. James
Publisher: Crain Communications, Inc.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1988
Compensation and benefits, Human resource management, Minimum wage

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA



Subjects list: Wages
Similar abstracts:
  • Abstracts: The once and future history of steady work. Big Brother and big boss are watching you. Monopsony: Today's new labor-market reality
  • Abstracts: The Communications Aspect of the MSC Take-Over of Training in Britain. Review: A Look Around the News
  • Abstracts: Employee participation is a sign of the Times in LA. Anatomy of a recruitment ad. Keeping pace with retired athletes
  • Abstracts: Scaling the recruitment wall. Safety: seeing is believing
  • Abstracts: How do companies choose third party relocation firms? Inventory reduction strategies. Home marketing strategies can ease an inventory burden
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.