For years, organizations have relied on pay for performance to reward employees for achieving business objectives. Today, a number of broad forces are making pay for performance an increasingly critical factor in organizations’ abilities to achieve business objectives.
This survey report reveals how organizations are paying for performance in today’s business environment and highlights ways in which organizations can improve their pay for performance practices going forward.
WorldatWork and Hewitt Associates partnered to conduct this survey on paying for performance. The survey gathered information on current practices surrounding the context and objectives of pay for performance, and pay for performance communications, measures, rewards and effectiveness. Organizations were asked to answer the survey questionnaire based on their full-time, U.S.-based employees and to exclude practices associated with senior executives from their responses.