Analyze the link between well-designed performance appraisals and merit pay and

Question

Analyze the link between well-designed performance appraisals and merit pay and make at least two (2) recommendations for improving the strength of that link across the greatest number or organizations. Provide your rationale.

Examine the limitations of merit pay programs to determine which limitation is the most difficult to overcome and suggest ways to overcome these limitations. Provide specific examples to support your response.

Please try and answer the question in the order it is posted as much as possible. Thanks! This is a Human Resource Management Course.

Explanation / Answer

A merit pay program refers to a pay system that rewards workforce of an organization according to their job performance. Workforce can earn merit increase in their salary compensation based on their productivity level or work of performance. This types of pay system used by private profit business sectors.

Effective and well- designed performance appraisal has direct link with merit pay programs. Merit pay program are tightened to specific performance appraisal techniques. A effective merit pay program depends on leadership appraisals approaches. There are four types of performance appraisal programs explained below-

Trait system-

This system evaluates quality of work, appearances, cooperation, leadership, and responsibility of organization’s workforce.

Compensation system-

This system evaluates productivity and performances of different workforce. Employees are considered as poor and better performer.

Behavioral system

This system rates workers on the degree to which they show successful job performance conduct.

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