Review Case Study 10-1, ‘Making the Case for a CP Plan at Architects, Inc.’, on page 289 of the textbook. Assess the benefits and risks involved in introducing a CP plan at Architects, Inc
Review Case Study 10-1, ‘Making the Case for a CP Plan at Architects, Inc.
Solution:
As described Aguinis (2013), a good contingent pay (CP) can significantly help in improving in improving employee motivation. This is primarily for the purpose of accomplishing goals as well as objectives that are in sync with the needs of the organizations. More precisely, as asserted by Weitz et al (2006), CP plans usually have the potential of helping people to change behaviors as well as improve performance. Taking this into consideration, recent surveys have shown that performance management systems are typically more effective when the results are tied directly to the reward system of the organization. Additionally, Sydor (2010) states that CP plans usually force most of the organizations to define clearly effective performance as well as to determine the factors that are likely to result to effective performance.
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