`performance Related Pay Improves Both Motivation And Individual Performance`. Critically Discuss.

IntroductionPer act uponance related represent or surgical process- base pay has caused quite a buzz in the past decades . It has grown in popularity and enmity among different proponents of business and economic scholars . Moreover , the sentiment of motif and efficiency it rouses brings about a number of debates as to how stiff it is and to what extent it supports the status quo of certain organizations both in the cliquish and public sector . While there are legion(predicate) debates as to its use and practicality it stirs my interest in the direction of whether or not it motivates individuals and how it affects individual exertionPerformance Related Pay : What it isWith this in learning ability , we can first look at the self-coloured concept of performance related pay . When we talk about performance related pay we cannot ignore the concepts of motive and keep for these may be the very backbones of why it was conceptualizedAlthough Performance related pay or PRP can be tied to organizational result and development or increasing capital and such , its important impetus is based on the fact that it used to amplify the productionivity in whatever dealting it is used in . As such , we find it employed in sundry(a) industries from accounting to healthcare , there have been numerous studies on its effects . This is highlighted by Maguire and Wood (1992 when they cited that the basic appeal of performance related pay or what they referred to as performance based schemes to public service was the fact that it was linked under the inaugurate that public servants would in fact rub down harder in a setting wherein their pay is directly proportionate to their work . PRP is a type of payment pay scheme that makes use of assessment systems that are measured against objectives that have properly been established . pickings this into account , we can broadly define PRP as a payment system or model that rewards the accomplishment of goals and objectives set by an organization through bonuses or monetary hire .

An example of such can be drawn from outgoing telemarketers nowadays . For some companies , each sale made entitles the gross sales agent to commissions and such . Within this context , we can wait that performance related pay is a form of reinforcement . This takes a psychological approach in understanding the whole system of PRPPerformance related pay in actuality is a form of carriage modification that has an additional effect of increasing motivation and individual performance . Looking back at the work of Behavioral theorists we take into account the work of Skinner . B .F . Skinner believed that behavior was in fact a product of what he called operant conditioning and that a certain behavior can be learned or bolstered through a system of conditioning , which implored reinforcements . Skinner s theory simply states those employees behaviors that broaden to positive outcomes will be repeated and behaviors that lead to disconfirming outcomes will not be repeated (Linder , 1998 In this common sense , we can view increased productivity , efficiency and motivation to be the end...If you want to get a full essay, guild it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .