Case study: Redesigning performance pay at Yorkshire Water
Yorkshire Water overhauled its complex performance pay system as part of its commitment to the unions, streamlining the linked performance appraisal system and introducing quarterly, non-consolidated merit awards.
Pay 4 Performance at Yorkshire Water By Adam Geldman, writing in IRS Employment Review.
Also
Performance-related pay surveyed Sheila Attwood presents the results of recent IRS research on performance-related pay schemes.
The truth
about merit pay What exactly are employers hoping to
achieve from performance pay, and to what extent are these goals reached? With
merit pay coming under mounting criticism, an IRS survey examines
current practice and identifies the main areas of change.
Making money is the ultimate
goal Writing in Personnel Today, Keith Rodgers looks at how
compensation can be linked to individual and organisational goals.
Rewarding contribution IRS Management Review looks at how and why some organisations are moving towards pay systems linked to a broader set of outcomes, rather than a few pre-determined objectives.
