search query: @freeterm LEISTUNGSLOHN, BETRIEBLICHE LOHNPOLITIK, / total: 1
reference: 1 / 1
« previous | next »
| Author: | Caudron, S. |
| Title: | Incentive compensation: how pay launched performance |
| Journal: | Personnel Journal
1996 : SEP, VOL. 75:9, p. 70,73-76 |
| Index terms: | |
| Freeterms: | LEISTUNGSLOHN, BETRIEBLICHE LOHNPOLITIK, MITBESTIMMUNGSPOLITIK |
| Language: | eng |
| Abstract: | Honeywell's Commercial Aviation Systems divisions needed to align its compensation plan to reward for performance. Rather than roll out a plan readymade, Honeywell tapped a team of employees to create a compensation strategy. The new risk sharing plan links employees' pay to company profits and allows workers to receive 5 percent more when the company exceeds certain goals. Employee involvement offered insight, as well as buy-in from the workforce. |
« previous | next »
SCIMA