Essay about Performance Measures: Pay-for-Performance Evaluations

Essay about Performance Measures: Pay-for-Performance Evaluations

Length: 1702 words (4.9 double-spaced pages)

Rating: Term Papers

Open Document

Essay Preview



“Well-designed employee performance appraisal instruments assume great importance by providing agencies with information that can guide administrative and developmental decision-making about their most important asset—their human resources” (Mulvaney, McKinney, and Grodsky, 2012, p. 505).
Job standards are used in performance management systems to inform the employee of the metrics by which their performance is being measured. Performance management systems inform employees of his or her past performance and what is expected of him or her for future performance. Performance evaluations are critical for organizations that choose to manage by objectives, and to and assess employees on a periodic basis, e.g., monthly, quarterly, bi-annually, or annually, etc. It is best practices to complete a performance evaluation more than once a year. Annualized performance evaluations are usually completed incorrectly, and the person measured is usually lauded or criticized for the last incident of success or failure.
Performance evaluations, when conducted properly, can improve an organization’s functioning, process, and efficiency. Performance management as a tool in the mentoring and succession planning processes is a strength in any management program. Performance evaluations can also be an integral part of an organization’s compensation practices and policies when linked to salary increases and other bonus measures. Performance pay programs also have the added advantage of rewarding employees that have successful completed or surpassed benchmarks, while not rewarding bad behavior to those who slack in successfully reaching mutually agreed upon benchmarks and goals or for those who have fallen below previous set performance standa...


... middle of paper ...


...sonnel Management, 41(3), 505-533.
Sudin, S. (2011). Fairness of and satisfaction with performance appraisal process. Journal of
Global Management, 2(1), 66-83.
Sullivan, J. (2004). What are the best HR metrics for a large organization? Ere.net. Retrieved from http://www.ere.net/2004/07/26/what-are-the-best-hr-metrics-for-a-large-organization/
Swiercz, P. M., Bryan, N. B., Eagle, B. W., Bizzotto, V., & Renn, R. W. (2012). Predicting
employee attitudes and performance from perceptions of performance appraisal fairness. Business Renaissance Quarterly, 7(1), 25-46.
Video Arts. (Producer). (n.d.). Performance review - Every appraisee’s dream [DVD-ROM]. Available from http://www.videoarts.com/product/AV3/Performance-review:-Every-appraisees-dream.
Wright, E. W., Domagalski, T. A., & Marvel, J. H. (2013). Common sense performance
appraisal. Supervision, 74(5), 15-18.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Performance-Based Pay for Public School Teachers Essay example

- What are good teachers worth, and what is the best way to compensate them. Will paying teachers based on student performance increase the performance of teachers. As student test scores continue to fall, teachers are increasingly being held accountable for the performance of their students. This concern has resulted in a mounting interest and the implementation of a performance-based pay system for public school teachers. Many believe if performance-based pay works in private corporations and businesses, it should work also work for schools....   [tags: Education, philosophy of education]

Term Papers
1797 words (5.1 pages)

Performance Evaluation And Organizational Maturity Assessment Essay

- Businesses use many performance measures to evaluate systems, personnel and overall task performance. The key to accurately measuring performance would be knowing the tools and resources are available and how they can best be leveraged for the best of the organization. Annual personnel evaluations and organizational maturity assessments are two methods and organization can measure performance; identify solutions and recommendations to make improvements that increase overall company performance. Personnel evaluations give the company an insight to how employees are working towards achieving strategic goals....   [tags: Evaluation, Assessment, Management, Organization]

Term Papers
1422 words (4.1 pages)

Merit Pay : Education Reform Initiatives Essay

- Merit Pay Education reform initiatives continue to spark renewed interest in the utilization of merit pay as a motivating factor to achieve teacher accountability and quality of instruction. As previously mentioned, federal programming such as Race to the Top Fund have played an influential role in these reform initiatives. One of the program’s goals was to reform educator compensation systems by providing additional pay to highly effective teachers and principals. Previously, “Congress had appropriated $99 million for the Teacher Incentive Fund, in 2006, to develop and implement sustainable performance-based compensation systems for principals and teachers in high-need schools; the appropr...   [tags: Education, Teacher, School, History of education]

Term Papers
1076 words (3.1 pages)

Essay on Exploring the Possibility of Merit Pay for Teachers

- President Obama’s recommendations for the reauthorization of the No Child Left Behind Act of 2001 (NCLB) and his education plan include provisions to award merit pay to teachers in an attempt to obtain and retain effective teachers as measured by student academic achievement. These proposals are supported by budgeted funding for the 2011 fiscal year with additional funding included in the optional, competitive 1.35 billion Race to the Top Fund. A number of different merit pay systems exist. Some reward entire schools or districts when passing rates on standardized tests are achieved, while others reward individual teachers for passing rates....   [tags: Education, No Child Left Behind, ]

Term Papers
1291 words (3.7 pages)

Performance Appraisal Systems Can Increase Employee Performance Essay

- Employee are evaluated by the company they work for on the performance of their job in relation to the effectiveness and efficiency of achieving the organizational goals and objectives. Having an effective performance appraisal system can increase employee performance. Youssef (2015) noted, “Consequently, managers dislike performance measurement due to the confrontational and judgment aspects of assessing their employee’s performance” (p. 144). This paper will address the strategic advantages of a performance appraisal, the potential bias within appraisal systems as well as how performance appraisals can contribute to the achievement of organizational strategic objectives....   [tags: Organizational studies & human resource management]

Term Papers
753 words (2.2 pages)

Equal Pay Essay

- Mike K. Essay on equal pay in the work place. In 1963, President Kennedy signed the Equal Pay Act into law, making it unlawful to discriminate against a worker on the basis of sex. Since that time, the wage gap between men and women in the United States has narrowed by just 15 cents, now being 74 cents, as reported by the U.S. Census Bureau. Pay equality is most prevalent for the 16 to 24 age group, in which women earn more than 90 percent of what men do; however, the gap becomes 75 percent in the 25 to 54 year old group – those at the height of their careers and life responsibilities....   [tags: essays research papers]

Free Essays
1040 words (3 pages)

Performance Evaluations : Performance Evaluation Essay

- There are several reasons organizations initiate performance evaluations, however the standard purpose for performance evaluations is to discuss performance expectations; not only from the employers perspective but to engage in a formal collaboration where the employee and the manager are both able to provide feedback in a formal discourse. There are many different processes an organization should follow when developing its performance evaluation tool; in addition essential characteristics that must accompany an effective performance appraisal process....   [tags: Human resource management, Evaluation, Management]

Term Papers
896 words (2.6 pages)

Performance Appraisal And Pay For Performance Support It Essay example

- What is Performance Management and how can Performance Appraisal and Pay for Performance support it. Performance management (PM) is an organizational process in which managers and their employees engage is dialogue and collaboration to establish the goals and objectives of their positions, discuss performance and ways in which it can be improved, implement training plans, and reward and reinforce superior performance/behaviors (MSGExperts, n.d.). PM is not limited to one individual activity, such as counseling; PM is the sum total of all of all the actions taken to help guide and ensure that employees are exhibiting those individual behaviors (Milkovich, Newman, & Gerhart, 2016, p....   [tags: Performance appraisal, Human resource management]

Term Papers
1219 words (3.5 pages)

Essay on Why Managers And Performance Evaluations

- Why Some Managers Dislike Performance Evaluations Research and practice have indicated that both managers and employees dislike performance appraisal. Due to this growing problem, performance appraisal has declined in popularity, especially for organizational managers who have to conduct the evaluations or be evaluated at the same time. One of the reasons why managers hate performance evaluation is the negative impacts it can create in an organization and potentially affect the achievement of the organizational goals....   [tags: Performance appraisal, Human resource management]

Term Papers
1514 words (4.3 pages)

Essay about Paying for Performance

- Table of Contents Executive Summary 3 1.0 Introduction 4 1.1 How different Accounting Theories relate to real world scenarios? 5 1.2 Bonus plan hypothesis and executive remuneration 6 2.0 Company overview with Remuneration plans 7 2.1 Telstra Corporation Limited 7 2.2 Harvey Norman Holdings Limited 7 2.3 Remuneration plan and the contracting cost 8 3.0 Corporate Amendments and “Say on Pay” 9 3.1 Global Developments of Cooperation Amendments 11 3.2 Pay on Performance link and “First Strike” 11 3.3 Pay on Performance link and “Second Strike” 11 4.0 Conclusion 12 Bibliography 13   Executive Summary This report is based on Pay and Performance links, and whether the respective components o...   [tags: Pay and Performance]

Term Papers
2440 words (7 pages)