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Old 03-14-2011, 01:41 PM
strelnik strelnik is offline
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Join Date: Aug 2007
Location: SE Mich
Posts: 3,285
Quote:
Originally Posted by kerry View Post
Pay for performance is a bait and switch plan. I began my career under an education/seniority system in the early 90's. It predicted I would make XXX after 20 years. We switched to a Merit Pay system 5 yrs into my career. I'm now roughly at 20 yrs and I have never been rated anything else other than at the absolute top level. YET, my pay is $20k PER YEAR less than what the education/seniority system said it was going to be at 20 years.

This exact plan has been promoted by numerous political types as ideal for rewarding excellence and punishing mediocrity. Nothing could be further from the truth.

Some organizations also have cash bonuses separate from the system for immediate impact actions. They are not a given, but then, neither is immediate impact special performance.
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