Do you want growth? Here is one easy solution
I guess pay for Performance works! Of course it works.
The countries that are growing more are on the left side and countries that are sick (Europe) are on the right side. Of course many other things can influence growth like stupid regulations & regulators (Again Europe). It's a simplistic analysis but it makes me think.
There is a huge correlation (Not causation) between growth & existence of pay for Performance.
Besides this many people in this Study feel that their contribution is much higher than their pay (It's almost never the case) , so if pay is linked in some way to some objective target or metric people will feel more in charge of their condition. This i think is a wonderful thing.
There is a huge correlation (Not causation) between growth & existence of pay for Performance.
Besides this many people in this Study feel that their contribution is much higher than their pay (It's almost never the case) , so if pay is linked in some way to some objective target or metric people will feel more in charge of their condition. This i think is a wonderful thing.
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