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Related Experiment Videos

Merit pay: viable?

C R Farmer

    Personnel
    |August 10, 1978
    PubMed
    Summary

    A successful merit pay program can boost employee motivation by linking pay increases to performance and cost of living adjustments. Effective communication and decentralized administration are key to its success.

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    Area of Science:

    • Organizational Behavior
    • Human Resource Management

    Background:

    • Employee motivation is crucial for organizational success.
    • Merit pay programs are common but their effectiveness in motivating employees is debated.

    Purpose of the Study:

    • To explore the conditions under which merit pay programs can foster meaningful employee motivation.
    • To identify best practices and potential pitfalls in implementing merit pay.

    Main Methods:

    • Analysis of organizational practices related to merit pay.
    • Review of essential tools for merit pay administration, including position descriptions, evaluations, and performance appraisals.

    Main Results:

    • Merit pay can be effective if linked to a competitive salary structure and communicated openly.
    • Performance, not longevity, should be the basis for merit increases.
    • Decentralized administration, with local management involvement, is crucial.

    Conclusions:

    • Merit pay, when implemented correctly, can create a meaningful link between employee performance and compensation.
    • Effective merit pay systems require careful attention to salary structure, communication, and administrative processes.

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