Tags

    News

    Onboarding Best Practices
    Good Guy = Bad Manager :: Bad Guy = Good Manager. Is it a Myth?
    Five Interview Tips for Winning Your First $100K+ Job
    Base Pay Increases Remain Steady in 2007, Mercer Survey Finds
    Online Overload: The Perfect Candidates Are Out There - If You Can Find Them
    Cartus Global Survey Shows Trend to Shorter-Term International Relocation Assignments
    New Survey Indicates Majority Plan to Postpone Retirement
    What do You Mean My Company’s A Stepping Stone?
    Rewards, Vacation and Perks Are Passé; Canadians Care Most About Cash
    Do’s and Don’ts of Offshoring
     
    Error: No such template "/hrDesign/network_profileHeader"!
    Blogs / Send feedback
    Help us to understand what's happening?
    China and Denmark - Worlds Apart on Performance Pay
    Michael Kirsten
    Globally, there is a broad spread in the adoption of performance pay, reflecting differing attitudes to work and remuneration.

    The highest incidence of performance-based pay structures is found among survey respondents is in the Asia-Pacific region and among newly emerging economies. Respondents in China report a high percentage of employees on variable pay, but Indonesia, Thailand, Malaysia, Russia, India, Singapore and Hong Kong also report having more than 60% of respondents on performance pay. The rate is 30% or less in Denmark, Sweden, Ireland, Australia and the UK — a huge disparity. So, why such big differences? Is the approach cultural, or does it have more to do with the economies themselves?



     
    Copyright © 1999-2025 by HR.com - Maximizing Human Potential. All rights reserved.
    Example Smart Up Your Business