Is your company ready for a pay-for-performance system?

02/9/2012 | Compensation.BLR.com

Before implementing a pay-for-performance incentive model, ask yourself several questions. Make sure that your company has an effective performance-management system in place, that employees actually believe their compensation will vary depending on performance and that management is willing to withhold pay from poor performers, says Brooke Green of Hay Group.

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