Performance-related pay: the 2011 XpertHR survey
Author: Rachel Sharp
Although performance-related pay is not without its problems, it features in the reward strategies of a majority of respondents to XpertHR's 2011 survey. We look at why organisations are using performance-related pay, how such schemes are implemented and how successful they are proving in practice.
Key points
- Among our surveyed organisations, just over half (51.3%) have performance-related pay schemes (or merit-pay schemes) that cover some or all of their employees; these are most popular among organisations operating in private sector services.
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