Friday, January 3, 2020

Merit Based Compensation For Public Sector Opportunities...

The question I would like to research is the feasibility of merit-based compensation in the public sector: opportunities and limitations. I would like to explore merit-based compensation systems in public organizations, their effect on performance and motivation of employees, and analyze the factors that may provide limitations to the performance-based compensation in the public sector. The same way as the business, public sector depends on talented, qualified, skilled and efficient employees, and is interested in utilizing all available tools and means to support and encourage their high level of performance. Compensation can be one of the effective resources to use for this purpose (Larkin, Pierce, Gino 2012). Merit-based compensation for the government employees was introduced by Civil Service Reform Act in 1978 that in 1984 was changed in the Public Management Reform Act. For the decades of implementation, there have been lessons learned, but many questions remain open (Choi, Whitford 2013). Although private sector provides more flexibility with compensation systems that can be used to reword talented and efficient personnel, public agencies can also build in performance measurements in their compensation system (Ljungholm, 2015). The questions that are often raised when it comes to analyzing of the public employee’s motivation if it is that much tied to the compensation as in private sector, and if it is that much of an outcome oriented versus process oriented. ThereShow MoreRelatedWorkplace Discrimination Essay examples1339 Words   |  6 Pagesdiscrimination in work-related areas, such as recruiting, hiring, job evaluations, promotion policies, training, compensation and disciplinary action. (employeeissues.com, 2006) Aside from the obvious, unfair treatment does not always equal unlawful discrimination. Treating a person differently from others violates Equal Employment Opportunity (EEO) laws only when the treatment is based on the presence of a protected characteristic, rather than on job performance or even on something as arbitraryRead MoreThe Merits Of Teacher Performance Pay3187 Words   |  13 PagesTHE MERITS OF TEACHER PERFORMANCE PAY IN KENYA Introduction This paper discusses the merits of performance pay for teachers in Kenya. I argued here that remuneration reforms for civil service teachers will achieve production efficiency. This paper has three main sections. Section 1 gives a brief description of the scheme of service for teachers in Kenya. Section 2 highlights the economic case in favour of teacher salaries and identifies the government failures in ensuring teacher effectiveness.Read MorePolitical Patronage And Union Protection Essay1873 Words   |  8 PagesLiterature Analysis Exploration More than a century of social science interest in the question of political patronage and union protection in the public sector has resulted in numerous laws and techniques to isolate, identify its presence, and fixed it. Although no method is without its limitations, some provisions provide a variety of perspectives that can help us understand to what degree these practices affect the morals in the City of Plantation and the City of North Miami Beach (NMB). IdentifyingRead MoreImpact Of Compensation Performance Evaluation And Promotion Practices On Employees Performance2387 Words   |  10 PagesImpact of Compensation, Performance Evaluation and Promotion Practices on Government Employees Performance VS Private Employees Performance Bilal Jamil Research Scholar Foundation University Islamabad Naintara Sarfaraz Raja Assistant Professor Foundation University Islamabad Abstract This study investigated the impact of three HRM practices namely compensation, performance evaluation and promotion practices on employee performance of both public and private sector organizationsRead MoreThe Contemporary Pay And Benefits Environment Must Comply With The Civil Service Compensation System3341 Words   |  14 Pagescivil service compensation system. Designed with the assumption that an individual job was an essential unit of measurement and that the relationship of the one job to another, could be determined and its values assessed apart from the job incumbent. Under such a program, we must identify the elements as characterizing the future of compensation policy and practices. It is the utmost importance, to distinguish between long-term verse shorter-term perspective, performance, compensation, and the typesRead MoreEmployee Remuneration13571 Words   |  55 PagesChapter I INTRODUCTION 1. MEANING OF WAGE/ COMPENSATION PAYMENT: Wage is a monetary payment made by the employer to his employee for the work done or services rendered. It is a monetary compensation for the services rendered [1]. A worker may be paid Rs. 100 per day or Rs. 4500 per month. This is wage payment. The worker gives his services and takes payment called wage payment. Industrial workers are paid remuneration for their services in terms of money called wage payment. WagesRead MoreProject on Employee Retention9019 Words   |  37 Pagescutting edge technology driven environment has made employee retention mind-boggling. The fast pacing change across the globe has made the new employee employer relationship irreversible. However all corporations not only in IT sector but also traditional manufacturing sector are attempting to stem attrition. This paper attempts to unravel this paradox study the various facets that surround this burning issue i.e. * factors that make employees stay in a organization * reasons why they leaveRead MoreInternship Report in Janata Bank Limited9784 Words   |  40 Pagesthe banking organizations are trying to provide better opportunities to their client. As the life very much risky in the reality, it is very difficult to bear cash money now a day, without taking the help of banking sector it is quite impossible to deal with the day-to-day busy business. 1.3 Objectives of the report: General objectives: 1. The general objective of the report is to know about the management system of Janata Bank as a public commercial bank, its formation, and its functional, operationalRead MoreBear Sterns Rise and Fall4779 Words   |  20 Pagescollapse of the company. Instead, they tried to convince the general public that the rumors about the liquidity crisis were false and the firm was making money and paying its counterparties while all its clients were trying to get they money back. When they tried to find an emergency exit at the end of the week, it was too late and they had to accept the humiliating offer from JP Morgan Chase. They forgot that in a business based on confidence, when that confidence evaporates, so does the businessRead MorePublic Fiscal Administration3852 Words   |  16 Pagesthe subject PA026A – PUBLIC FISCAL ADMINISTRATION PREPARED AND SUBMITTED BY GROUP V Vincent Yuzon Rosales II Frances Santos Angelito Laderas Antonio Vitan Jr. Ma. Lourdes Cuenco SUBMITTED TO PROFESSOR CYNTHIA RAVELA CUBOS June 28, 2011 THEORIES OF EXPENDITURE GROWTH Three prominent theories that used the time-pattern of expenditure in the long-run to explain the expansion of the public sector are discuss in this chapter. Although this theories were formulated based on the experience of the

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.