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Case Studies | Marketing | Malaysia | Volume 12 Issue 2, February 2023 | Popularity: 4.6 / 10
Evaluating the Effectiveness of Individual Performance - Based Pay in Organizational Reward Management
Le LI, Yang Yang Zhang, Niu Yue
Abstract: The goal of this paper is to critically examine the individual performance - related pay incentive system and analyse the hotel's benefits and drawbacks. Using the case study of the Cavendish hotel as a guide, implement a performance - based pay system at the hotel and analyse the obstacles encountered. How to optimally use IPRP work inside the business, including recommendations for the HR manager. In this instance, the primary element influencing the organisation is the involvement of line managers in performance management. Using the AMO models of ability, motivation, and opportunity, one may determine how to address challenges. The employee desires other incentive schemes in addition to monetary compensation. Replace IPRP performance reward with a more efficient total reward.
Keywords: Human Resource, IPRP work, Reward management, AMO Models, Performance management
Edition: Volume 12 Issue 2, February 2023
Pages: 268 - 272
DOI: https://www.doi.org/10.21275/SR23129104534
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