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Pay-for-Performance


Course#: 77
Category: Salary Administration
Field of Study: Management Advisory Services
Audience: HR Managers, HR Generalists
Level of Difficulty: Intermediate
Delivery Method: QAS Self Study
Prerequisites: Some college level courses with moderate algebraic training
Advanced Preparation: None
Overview:
In this course you'll learn how to create a pay-for-performance plan for your organization. This differs from a variable pay plan (covered in DLC Course 75), in that pay-for-performance bases pay increases on performance, not quantifiable work output. Pay for performance has grown in popularity because it allows organizations to reward employees for goals key to organization success. This course will help you decide whether or not pay for performance is appropriate for your organization and how to create a pay-for-performance plan.
Learning Objectives:
  • Identify the requirements of expectancy theory to determine whether or not pay for performance is suitable for an organization
  • Differentiate between various performance evaluation methods
  • Recognize the advantages and disadvantages of different performance appraisal methodologies
  • Determine best practices for administering a pay-for-performance program
*The Course Credit List displays credits and credit types offered by location.

Course Price:  Free!
Exam Price:  $49.00


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