Robert Smith

salaried for Performance and Reward Management: According to Robert smith, Paying for performance is a prominent issue in new(a) Human Resources Management (HRM). Organizations have long conceived that production and productiveness improve when pay is linked to performance and have evolved payment-by-results (PBR) systems and bonus schemes to endorse this belief (Milkovich & amp; Newman 2004). Expectancy theory informs that if good deal want more than pay and believes that working harder will draw and quarter it for them; they will work harder and perform discontinue (Bassett 1993). But how to touch the theory work in practice has seldom caught slews attention as it does today. In 1951 the International Labour government agency (ILO) defined PBR as wage systems that relate a workers earnings directly to some measurement of the work of the individual, the conclave or the work unit. The ILO claimed for PBR which at that time relied heavily on quantitative techniques like work study and industrial plan were increased output from improved efficiency, lower production costs, better control of labour costs, little need for direct c are and more even production flows (Milkovich & Newman 2004).

Half a century later, performance pay is interpreted in less mechanistic terms and may be defined more simply as the explicit link of financial rewards to individual, concourse or organizational performance. Reward management is regarded as an Copernican role in the HRM. Most organizations realized that reward reinforces employee tenseness on their performance, enhance motivation levels and gain their commitment (Allen & Kilmann 2001). Rewarding performance is a key to accountability. It is one of the compulsory imports of accountability. When employees are aware that rewards are tied to their performance, they will be committed to performing and will take ownership of their actions. Additionally, when employees are rewarded for performance, they evolve a sense of accomplishment, which makes them take pride... If you want to live a full essay, order it on our website: Orderessay

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