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Build better pay-for-performance (PFP) compensation plans / Gordon M. Sayre, Brice Corgnet, Roberto Hernán González, and Simon Gächter.
- Format:
- Book
- Author/Creator:
- Sayre, Gordon M., author.
- Corgnet, Brice, author.
- González, Roberto Hernán, author.
- Gächter, Simon, author.
- Series:
- MITSloan management review ; reprint 67305.
- MITSloan management review ; reprint 67305
- Language:
- English
- Subjects (All):
- Compensation management.
- Merit pay.
- Physical Description:
- 1 online resource (6 pages)
- Edition:
- [First edition].
- Place of Publication:
- [Place of publication not identified] : MIT Sloan Management Review, 2026.
- Summary:
- Pay-for-performance compensation plans have a dual nature -- increasing both productivity and financial insecurity among employees -- so leaders may feel like they're walking a tightrope in trying to get the balance right. While the PFP model can motivate current employees and help attract high performers, the financial incentives inherent in PFP can also shape a cutthroat culture and contribute to employee burnout and turnover. Learn three ways to design pay-for-performance plans wisely.
- Notes:
- OCLC-licensed vendor bibliographic record.
- OCLC:
- 1572715858
- Publisher Number:
- 53863MIT67305
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