MGMT210 - HW11

MGMT210 - HW11 - at higher than expected levels Not only...

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MGMT 210 – 101 HW #11 – 10/14/10 Human Resource Management This article I found was published on the 12 th of October by MartketWatch.com and talks about the pay-for-performance climate that Callidus Software has been cited and praised for implementing. Although this is not an issue, it is a current practice, and an extremely effective one at that. It creates a rewards and incentives program where employees that perform to a grade higher than their salary’s worth would be monetarily or incentively rewarded. Callidus manages over $50 billion worth of compensation and incentives for this type of management. This practice creates a harder-working environment in the company and urges employee’s to perform
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Unformatted text preview: at higher than expected levels. Not only does this boost company culture, it boosts company revenue – when efficiency and effectiveness are both utilized, the company surely wins. And when two employees that have equal salaries end up making different amounts, it’s a winning situation for the employee that works harder. Why should he put in more effort than his colleague when they make the same amount of money? Pay-for-performance eliminates these difficult work prowess differences and instead allows the harder working employee to shine with compensation. Is this a win, win situation? I think so....
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This note was uploaded on 08/28/2011 for the course MGMT 210 taught by Professor Vivan during the Fall '10 term at UMBC.

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