Compensation and Performance Appraisals
Discussion Topic 1
Do incentive plans work? What has been your personal experience with organizational approaches to compensation and performance appraisals?
Comment on the value of various approaches, based on your experiences, and make some connections to the approaches to team compensation and appraisal and the following articles (10 points).
Why Incentive Plans Cannot Work : https://hbr.org/1993/09/why-incentive-plans-cannot-work
Massive Bonuses might actually cause poor performance: https://www.nytimes.com/2009/03/04/business/worldbusiness/04iht-04Forbes-bonus.20589946.html?_r=0
Companies Deal with Employees who Refuse to take Time Off by Requiring Vacations, paying them to go: https://www.wsj.com/articles/companies-deal-with-employees-who-refuse-to-take-time-off-by-requiring-vacations-paying-them-to-go-1407884213?mod=WSJ_hp_EditorsPicks
On the folly of rewarding A when wanting BKerr 1995.pdf