Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!

Many organizations have made cuts or alterations to benefit programs in recent years. One suggestion has been to link benefits to individual, group, or organization performance. The race to base benefits on staff performance is becoming popular. Although still in its early stages, the concept highlights the lengths organizations are willing to go, to ensure they are getting the best from employees.

Having a pay for performance or incentive program within an organization’s structure could influence employee commitment and overall organizational performance. Employees who feel recognized demonstrate a stronger desire to help the organization grow and succeed. Incentivising high performing employees helps give low performers a reason to improve, and also encourages employee engagement within the organization. If employees know what they stand to lose if their performance doesn’t make the grade, it can be a powerful incentive to try harder. People should be paid for how good they are at their jobs. Basing employees’ reward packages on their level of performance is a good idea. I recommend this strategy within an organization. Individual high performers lead to a group of high performers which in turn lead to an organization of high performers. It works hand and hand and each has a major impact on the organization.

However, before this particular incentive or rewards program is added to the organization’s structure, the organization’s core purpose should be clearly outlined. Leaders must establish the goals, line up the rewards to meet the organizational needs and make sure the incentive programs are practical and achievable by the employees.

 

 The benefit that I would most likely link to individual high performers would be paid time off. I would give a few extra vacation days each year. This let’s employees know that their hard work is recognized and shows appreciation. The benefit that I would link to a high performing group would be a quarterly bonus or the option to receive extra tuition reimbursement. This gives employees something to look forward to and a financial boost. Finally, the benefit that I would link to entire organization of high performers would be promotions, leadership roles or maybe the option to choose a flexible work week. Promoting from within the organization instead of hiring from the outside, shows the employees that you have confidence in them and see potential for growth. Allowing a flexible work week gives employees a little more freedom and wiggle room to accommodate their busy schedules in everyday life.

This is someone's discussion, you should read it and reply him in 150 words.

testimonials icon
It should be in APA formatIt should be zero plagiarismWrite 650 words research topic on lack of social support with 3 refere...
testimonials icon
Question Information Systems In Nursing Write a paper in which you analyze an information system for its e...
testimonials icon
Running head: HALLUCINOGENS1HallucinogensStudents Name:Institutions Name:HALLUCINOGENS2HallucinogensThe drug classification that I chose to discuss i...
testimonials icon
Create a five-day unit plan that focuses on using literature to build vocabulary.1. Outline five different strategies that support vocabulary....
testimonials icon
Question 1A CPA firm is considered independent when it performs which of the following services for a publicly traded audit client?...
testimonials icon
Other than Gettysburg or Vicksburg, make an argument for the single event you deem the most significant to the leg...
testimonials icon
Imagine you are a recently-hired Chief Operating Officer (COO) in a midsize company preparing for an Initial Public Offering (IPO). You quickly dis...
testimonials icon
Course titleStudent nameInstitution affiliation2Workplace Communication ProblemWorkplace communication problems have negative impacts on the employee...
testimonials icon
POST 1This discussion thread is designed to further help you see how a synthesis of sources essay, or literature review, is organized.Please downlo...
testimonials icon
200+ words following the directions given....
testimonials icon
Infection prevention prompts intensive research. The research question, effects of infections on society is in line with my...
testimonials icon
IMPORTANCE OF IDA JEAN ORLANDO’S NURSING PROCESS DISCIPLINE THEORY. ESSAY DISSERTATION HELPGet Started!Discuss the importance of Ida...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
$65
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price
$65