Discussion Question Revised

Sample banner

0 / 5. 0

Discussion Question Revised

Category: Essay

Subcategory: Human Resources

Level: University

Pages: 1

Words: 275

Student’s Name
Tutor’s Name
Course
Date
Discussion Question
PFP stands for Pay for Performance. It is a program of compensation for employees who are not represented. Dee’s basket works in the manner whereby all employees receive the same payment even when their performance is better than that of their peers. Dee’s basket is not useful since it offers the same amount even for those who perform highly. Placing various job classes at equal pay structure can make employees to be discouraged as well as rise turnover. PFP aims in rewarding high payment to those who perform higher. The best type of PEP system that can favor various jobs is by using piece rate pay.
A piece rate pay is when an employee receives payment of money in a fixed amount for a provided portion of work. Providing payment for workers by using pay rate system encourages workers in managing time to raise the output. It can as well warrant minimal supervision since the workers are already incentivized in working harder. Therefore, piece-rate pay incentive provides payment for employees on the accomplishment of each of the basket they collect. Given that there are various kinds of baskets in companies, they can include a different rating. There should be higher incentives for the baskets that are more expensive. Piece-rate pay system provides efficiency of the product, time as well as cost accountability.
Leniency error is a common rating error seen among managers that rate their employees in perf…

Free Discussion Question Revised Essay Sample, Download Now

Don’t waste time!

Order Original Essay on the Similar Topic

Get an original paper on the same topic

from $10 per-page