Rewarding Failure: Performance Related Pay in a Pharmaceutical research and Development Company
There appears to be widespread acceptance amongst employees of the "fairness" of the principle of paying for performance and this is reflected in the attitudes of white color employees at phamax. At the same time there are enormous and increasingly well-documented problems in implementing Performance Related Pay (RPR). It remains to be seen whether organiastions can solve paradoxes in the reward element of performance management systems (and the prognosis does not look good) or whether dysfunctional side effects will sooner or later relegate therm to the scap heap pay systems.
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|Date of creation:||1996|
|Date of revision:|
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