Pay-For-Performance


The concept reviews pay-for-performance and offers a guide on how the approach can be applied as a strategy within your organisation.

Technique Overview

Pay-For-Performance

Pay-For-Performance Definition

Pay-for-performance (or performance related pay; PRP) schemes are reward systems where some part (conceivably all) of an employee’s remuneration depends on an assessment of performance against predetermined criteria (Armstrong, 2002).

Pay-For-Performance Description *

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Business Evidence

Pay-For-Performance Strengths *

Pay-For-Performance Weaknesses *

Examples of Pay-For-Performance *

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Business Application

Pay-For-Performance Implementation *

Success Factors of Pay-For-Performance *

Measures of Pay-For-Performance *

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Professional Tools

Pay-For-Performance Videos *

Pay-For-Performance Downloads *

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Further Reading

Pay-For-Performance Web Resources *

Pay-For-Performance Print Resources *

Pay-For-Performance References (4 of up to 20) *

  • Armstrong, M. (2010) Armstrong's Handbook of Reward Management Practice. Kogan Page, London.
  • Armstrong, M. (2002) Rewarding Individual and Team Contributions and Organisational Performance in Employee Reward. CIPD, London.
  • Armstrong, M. (1995) A Handbook of Personnel Management Practice. Kogan Page, London.
  • Conyon, M., Peck, S. and Read, L. (2001) Performance Pay and Corporate Structure in UK Firms. European Management Journal, Vol. 19(1), pp. 73-82.

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