Problem:
In this era of global competition, organizations are increasingly introducing Performance Management System (PMS) to improve organizational effectiveness. Many organizations have gone so far as adopting performance-related pay (PRP) as a motivation to higher performance.
Required:
Question1. Illustrate and discuss how PMS helps to enhance organizational effectiveness.
Question2. Illustrate briefly the major conditions for the successful introduction of the PRP?
Question3. Describe briefly the arguments for and against PRP.