Application of P4P Programs

We have discussed Pay for Performance (P4P) programs in previous posts (Pay for Performance and  Measuring Employee Performance). During my presentations and discussions, I have been asked who is the P4P program applicable for.

The simple answer is – for every level in a company. The beauty of a P4P program is that it is not restricted to management level employees. If properly designed, it could become a valuable tool for every level in a company.

Performance management is important for all employees of the company and tools to enhance and reward performance should be a focus for all Entrepreneurs.

For more information, please contact Patel CFO Services at www.patelCFOservices.com

Ravi Patel

www.patelCFOservices.com

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