Your company has recently implemented a pay-for-performance model
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Your company has recently implemented a pay-for-performance model

Your company has recently implemented a pay-for-performance model for compensation. This worries you because you know that your employees will be even more upset with their performance ratings if they know that they are tied to compensation. What actions can you take to start to prepare for this change? How do you think your boss at the company where you work now, or where you have worked would handle the situation? If there are differences, why?

Common change models include Lewin’s Change Model, Kotter’s Change Model, Appreciative Inquiry, and Common Adaptive Systems. Models can be used in different combinations to design change processes that meet the needs of a particular context

Hint
Accounts & FinancePay for performance, also referred to as performance-related pay, refers to company programs that pay employees based on how they perform their job. Companies using pay-for-performance initiatives typically provide guidelines that explain what behaviors or performance evaluation results lead to increased pay. Examples include spot bonuses (where employees are rewarded “on the...

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