Why pay-for-performance can work at last
Pay for performance is not a new topic, but as a talent management practice it has faced difficulties. With the promise to reward high performers, punish poor performers and focus each individual's effort, it seemed like the ideal tool. However, actually making meaningful pay for performance decisions is harder than most people admit. The good news is that pay for performance is finally working thanks to more nuanced approaches and better software tools. This white paper explores the topic from each of these angles.