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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.

Employee Benefits & Services, Employee Evaluation, Performance, Management, Measurement, Human resource management, Employee benefits, Employee performance appraisals, Performance appraisals

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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.

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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.

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