Term Papers on Collective Bargaining from Term Papers Lab.
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Introduction
Performance-Based Pay or Merit Pay is a concept that dominates compensation decisions in private organizations. Eighty percent of private employers use some form of merit pay to compensate their employees. While specific systems vary from company to company, the private sector typically uses merit pay to link an employee’s compensation to their contributions to the overall performance of the company for which they work (Wiscombe, 2001).
The use of performance-based pay systems is far less prevalent among local government organizations, but it is increasing (Taylor & Pierce, 1999). A substantial number of local governments have adopted merit based performance appraisal systems in recent years. By and large translating private sector-like performance-based pay systems into local governments has proven very difficult. “Failed attempts at developing systems that somehow make compensation more of a motivator are legion in the public sector (Walters, 1999)”.......
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Title: Collective Bargaining
Approximate Word Count: 2686
Approximate Pages: 11 (250 words per double-spaced page)
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