Choose a pay for performance method from the following categories: Individual, Group, or Organizational performance and use the Internet to locate the website of a company which has recently introduced a new pay system. Then assess from the information, the drivers that were making the change necessary for the company, the steps and rationale of the system, implementation steps they utilized, and their results. Be sure to provide any URLs you used as a reference source for your answer.
300-500 words
Requirements: 300-500 words
Answer preview
. The company pays for results that the employees can directly influence. For instance, the company will decide the bonuses for executives depending on the environmental, social, and governance modifier (Rosenbaum, 2021). The company uses this strategy to motivate the company’s executives to meet the high standards of value-driven leadership. By attracting and retaining its executives, it ensures the company remains successful in a competitive market. The compensation plans for the employees and executives are reviewed every year; hence the company benefits from high employee performance and effectiveness. The pay for performance
