Executive guide to performance measurements
Article Abstract:
An executive guide to performance measurement is presented with emphasis placed on the measurement activity itself. Performance measurement usually suffers credibility problems due to the weakness of the measurement procedure and instruments. The validity of the measurement instrument can be tested in four ways: the test-retest, alternative form, split-half and the test for internal consitency. For the validity of the measurement itself, criteria to be tested are content, criterion-related and construct.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1997
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Outcome-based compensation strategy
Article Abstract:
Most companies do not usually take great care in drawing up their compensation plans despite the fact that compensation is a vital factor that affects their financial stability. An outcome-based compensation strategy that uses multi-attribute utility analysis to sift through alternative schemes and decide on the best one. This strategy should be developed by human resource experts within the company.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1997
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Measuring the business impact and the effectiveness of the compensation function: questions from the CEO
Article Abstract:
The need to provide high-quality information about the effective of the compensation function on employee productivity and corporate profitability is discussed. It is emphasized that the compensation function must boost the quality of information provided to managers.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2000
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