Has to pay for performance has its day

Has to pay for performance has its day -...

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Has Pay for Performance Had  its Day?  Prepared by Group 4 Oyunaa Huan Long
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Introduction The Issue
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The Facts
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The Solution
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Who Should Multitask? Only workable in small companies.  Cocooning
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All pursuing  new business  ideas and  better current  performance How can different levels of managers are  motivated to pursue both objectives? 
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How to Balance Two  Objectives? 1. Weaken Financial Incentives 
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Balancing  the incentives-- Reducing  the  power of the stronger incentives. WHY?  1. The fear of risk  2. Disputes of sharing Weaken Financial Incentives Cont.  
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2. Beyond incentives: Fostering a  high-commitment culture
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Schwab’s Way
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1. Developing a joint vision: no-questions-barred 
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This note was uploaded on 11/22/2011 for the course BUS 305 taught by Professor Gerogepeterson during the Fall '10 term at Solano Community College.

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Has to pay for performance has its day -...

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