期刊名称:International Journal of Research in Management, Science & Technology
印刷版ISSN:2321-3264
出版年度:2016
卷号:4
期号:2
出版社:Prannath Parnami Institute of Management & Technology, Hisar
摘要:Pay stands as most significant and controversial constituent in the service association and is of equivalent concern to the company, government and members of staff. It is extremely essential to the employer because it stands for a major element of his costs, is more and more central to his employees' production and to competitiveness and have result on his aptitude to occupy and keep hold of a labour force of excellence. It is considerable to the employees because it is necessary to his typical of livelihood and is an estimate of the value of his services or performance. Finally it is imperative to the government because it affects features of macro-economic steadiness such as service, purchasing influence, price rises and socio-economic development in broad-spectrum. Here in the current study pay for performance has been discussed in context of employees and management. In this study pay for performance parameters effectiveness has been tested out. The analysis of three objectives has been done. For analyzing the objectives ranking method and t-test has been used.
关键词:Pay for performance; performance related pay; parameters effectiveness; t-test and macro-economics. JEL Classification: M12; J3; J28; J31; J33