Human Resource Management

HRM Guide UK HRM Guide USA HRM Guide World About HRM Guide Student HRM Jobs/Careers HR Updates Facebook
Search all of HRM Guide

Performance and Compensation

Based on Human Resource Management (4th Edition) by Alan Price - published by Cengage

Performance management is important because it plays a pivotal role in any organization's human resource framework. There are clear benefits from managing individual and team performance to achieve organizational objectives. Similarly, compensation in the form of pay, bonuses, stock options and other benefits can be linked to the achievement of particular goals. But such links do not necessarily produce expected results. This is a problematic and complex area in which common sense solutions do not work.

Issues in this topic area include:

  • How have legislative, technological and organizational changes affected the process of performance assessment?
  • Why do organizations favour certain stereotypes of good performance?
  • What decisions underpin the adoption of performance assessment strategies?
  • What are the theoretical and practical problems associated with performance appraisal and counselling.
  • How are the HR and payroll functions related?
  • How can pay levels be evaluated fairly?
  • Does performance-related pay produce the desired results?
  • What roles do bonuses, stock options and other forms of non-monetary compensations play in reward management?


HRM Guide makes minimal use of cookies, including some placed to facilitate features such as Google Search. By continuing to use the site you are agreeing to the use of cookies. Learn more here

HRM Guide Updates
Custom Search
  Contact  HRM Guide Privacy Policy
Copyright © 1997-2021 Alan Price and HRM Guide Network contributors. All rights reserved.