The background and purpose of the research is to investigate the impact of performance-related pay (PRP) on employees’ motivation, productivity, and job satisfaction. The PRP system involves rewarding employees based on their performance, rather than paying them a fixed salary or hourly wage rate. This type of incentives scheme has become increasingly popular in recent years due to its potential to increase employee engagement, motivation, and loyalty.
What is the background and purpose (objective) of the research?
In addition to collecting primary data from employers and employees directly involved in the PRP system at their companies , secondary sources like surveys conducted by other organizations , published reports , academic journal articles & books related topics also being analyzed formulating results conclusions supporting aim objective . Furthermore case studies reviews existing practices implemented previously offer great opportunity assess outcomes related implementations determine whether successful unsuccessful not providing necessary evidence require come up own solutions either improve upon those existing ones start scratch .
At end project deliverables expected include comprehensive report detailing findings gathered during course investigation together recommendations strategies improvement should take place order increase level effectiveness program making sure progress made benefits everyone concerned attain desired goals objectives set out beforehand . Hopefully conclusion drawn shed some light potential flaws weaknesses present systems able address these alleviating worry issues arise later point time allowing focus achieving higher target outputs most efficient manner possible without compromising safety well being staff members too .
Logan A., 2017 “Performance Related Pay – Definition Advantages Disadvantages And Examples” Emergys website available online https://www emergys com/knowledge/performance-related -pay < br >Foster J., 2016 “Performance Based Pay Systems” HRZone website available online https://www hrzone com/people-management /hrzone/performance -based-pay -systems