Pay for Performance
In this assignment, you will have the opportunity to express your thoughts on pay for performance, based on your experiences and readings. A key concept is aligning the pay for performance plan with the organization's goals to ensure a return on the investment in additional compensation. Write a short paper that addresses the following:
- Using an organization you are familiar with, describe its mission and identify 2 or 3 of its mission-critical goals.
- Identify and discuss both strengths and challenges of pay for performance plans.
- Provide a pay for performance plan recommendation for the organization. Or, if you do not support a pay for performance plan for the organization, discuss why. Explain your rationale.
Write a short paper 2 to 3 pages in length (not including title and reference pages).