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One of the most complicated and frustrating issues that most senior leaders face is how to use pay practices as a way to improve company performance. The first comment that I will make is that there is no perfect system--if there was, then everyone would be using the same system and thousands of employee compensation consultants and experts would be out of work.

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There are a number of factors to be considered when determining base pay for jobs. One commonly used method is to use market information about pay ranges for similar jobs and to establish a company position relative to the market range. Another method is to use a system, like the Hay system Cheap Michael Jordan Shirt , to establish a value for a job based on the scope, responsibilities Cheap Denzel Valentine Jersey , and impact of a position.

Many companies are including some type of performance-based pay compensation throughout the organization. Typically performance-based compensation is at risk--it is not guaranteed. The philosophy behind this is that people will be motivated to work harder and produce more if some or all of their compensation is tied to performance.

The reality is that pay for performance systems have seen mixed results. For each success story, there is also a failure. The theory is good Cheap Omer Asik Jersey , but the complexities of designing and implementing a system that produces the desired results is daunting.

The Washington Nationals are the worst team in baseball right now. If management of the Nationals implemented a system that gave players a significant bonus every time they won a game, we probably wouldn't see much change in results. The issue is talent Cheap Robin Lopez Jersey , not motivation. One reason that incentive programs fail is that the people do not have the talent to perform better.

One of the assessments that I use in my consulting practice evaluates a person's interests and motivational factors. One factor that we evaluate is called Utilitarian which is the drive for money and practicality. We find that this is not as strong of a driver as other factors in a number of people. There is more to motivation than money in some peo. Cheap Soccer Jerseys From China Cheap NHL Jerseys From China Cheap Kids NBA Jerseys Cheap MLB Jerseys Online Cheap Kids Soccer Jerseys Cheap Adidas NHL Jerseys China Cheap NFL Jerseys Online Cheap Nike NFL Jerseys Wholesale Cheap College Jerseys Wholesale Cheap Nike NBA Jerseys