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Editor's message |
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PERFORMANCE-RELATED PAY
In this issue, we look at current employer practice in the area of performance-related pay. Around a quarter of all pay awards recorded by XpertHR take into account the performance of employees in determining the value of individual pay awards. But getting the systems behind the performance-related pay scheme right is imperative to it meeting its objectives.
Our survey of 152 employers looks at the strengths and weaknesses of performance-related pay schemes, how individual pay awards are determined and the role that HR and line managers play in administering the schemes.
Don't forget to take part in our annual pay prospects research - and join more than 200 organisations that have already done so. Our survey will provide the largest forecast of pay awards for 2012 - please take part. The survey closes on 8 September.
Sheila Attwood
Pay and benefits editor, XpertHR |
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This email has been sent to luke.smith@rbi.co.uk
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