Position Paper: Teacher Performance Pay John Filutze November 15‚ 2011 Jeff Abbott‚ Ph.D. Performance-based pay has been a hot topic among conversations regarding public education over the past several years. Performance-based pay‚ pay-for-performance‚ or merit pay‚ are all synonymous with pay programs “whereby teacher bonuses are tied to improvements in students’ performance” (Cissell‚ 2010‚ p. 119). Some programs even determine teacher pay‚ not just bonuses‚ based on
Premium Standardized test Education
De’Andre Adams Heather Surface Writing Seminar 6 May 2014 Receiving Pay For Performance: One of the most controversial topics discussed in collegiate sports‚ is that of whether college athletes should receive compensation beyond their financial aid for the services they perform. College athletics are a major source of revenue for universities‚ yet the student athletes rarely reap the benefits of the hard work that they provide. While students are awarded scholarships for their attendance in school
Premium National Collegiate Athletic Association College athletics
LINKING COMPENSATION WITH PERFORMANCE APPRAISAL Building a Contemporary Pay for Performance System Over the last two decades‚ most organizations have moved away from pay systems that are driven by tenure to those that reward performance. The basic premise of a pay for performance system is that it rewards high performers - employees with high performance appraisal ratings – proportionately more than low performers. Performance ratings in an organization may follow a standard continuum; employees
Premium Human resource management Salary Performing arts
The value of performance related pay Currently‚ many companies are utilizing the performance related pay (PRP) scheme. The PRP is often regarded as an effective method to achieve a better performance in both individual and collective terms. In the study of Cutler and Waine (1999)‚ PRP affords employees with opportunities to increase return after the performance appraisal. It is quite different with certain salary schemes‚ such as those offering an automatic increase in pay but despite employees’
Premium Employment compensation
Boston Beer Company Performance and Competition Boston Beer’s sales performance triumphs over its leading two competitors‚ Redhook Ale Brewery and Pete’s Brewing Company. As seen in the table (appendix 1)‚ BBC achieved net sales of $114‚833‚000 in the year ending 31 December 1994. This was a growth of 48.84% from the previous year‚ compared to Redhook’s 30% growth in net sales to $14‚929‚000 and Pete’s striking growth of 152.02% to net sales of $30‚837‚000. Pete’s impressive growth in net sales
Premium Marketing Strategic management Beer
Benefits of performance-related pay • Top Article • All 3 Articles [pic][pic][pic]2 of 3 by Amreen Bi [pic][pic][pic][pic] Created on: August 20‚ 2011 Last Updated: August 23‚ 2011 Employers can use a number of incentives to help boost staff performance. One of the most well-liked by both employers and employees alike is performance-related pay. Performance-related pay involves being paid based upon your performance at work. An incentive such as performance-related pay is usually
Premium Employment Minimum wage Incentive
Performance Pay for MGOA Physicians The Massachusetts General Orthopaedic Associates are a physician group within the MGH formahospital. MGH was the first hospital to provide orthopedic services in the country‚ and since its inception‚ MGOA has led the way in clinical care and research. Although their reputation for high level research and patient care was impeccable‚ MGOA faced serious financial deficiencies that put the future of the group in danger. The group was hemorrhaging money at a rate
Premium Physician Salary Incentive
2008 Northern & Western Europe Beer volume 51m hl Net revenue DKK 37.1bn Operating profit DKK 4bn See page 28 for regional performance. 47% OF TOTAL VOLUME % Operating profit Share of operating profit* DKKbn 5 4 3 2 1 0 60 50 40 30 20 10 07 * Before not allocated expenses and other activities (rhs) 20 20 08 Eastern Europe Operating profit Share of operating profit* DKKbn 5 4 3 2 1 0 % 50 40 30 20 10 0 43% OF TOTAL VOLUME Beer volume 46.8m hl Net revenue DKK
Premium Brand Eastern Europe Beer
worth of the job‚ employee’s relative worth and employer’s ability to pay. A company’s compensation strategy is how they plan to compensate their employees in general terms. The worth of a job is just what it says‚ what that position is worth to the company in the revenue or cost savings it generates. An employees relative worth is how that individual employee performs next to their counterparts. An employers ability to pay may be determined by how much margin and/or revenue the company generates
Premium Employment
Bates‚ S. (2003). Top pay for top performance. HR Magazine. Berglas‚ S. (2006). How to keep A players productive. Harvard Business Review. 1. Bates argues that in order to keep top performers satisfied and productive‚ there should be a substantial difference in the variable pay or merit-based salary increases that top performers and poor performers receive. Based on the available research (which is mentioned in the article)‚ how big of an increase is needed to “catch anybody’s attention”?
Free Performance Performing arts Motivation