Fox Lawson and Associates Performance Appraisals, Performance EvaluationSite Map
Search Compensation Consultants Site
>>   Compensation information for the Private Sector.
>>   Compensation information for the Government Sector.
>>   Tools for calculating compensation benefits.
>>   Fox Lawson Newsletter.
>>   Contact us for more information.
>>   Links to other informative web sites.
>>   View our ad archive.
Welcome Executive Compensation Consultants  
Performance Appraisal Reviews        
Human Rsource Outsourcing

What is Pay For Performance

Many companies today are turning toward pay for performance programs to encourage their employees to meet production and quality goals. In this type of incentive structure, an employee's pay is gradually increased each time his team, department or the company as a whole meets certain production and quality benchmarks. This encourages all employees to work together to achieve excellence and prompt each other to higher standards of work. Knowing that a pay increase is dependent on the performance of not just the employee, but an entire group, can turn even solitary workers into team players.

The attractiveness of pay for performance programs for companies is that these programs are friendlier to corporate budgets than some other methods of compensation. Because pay increases are only given out at designated times during the year, the money for these increases can be more easily budgeted for in advance. If production and quality goals are not met, the money goes back into the budget for the next possible increase. Pay for performance changes corporate culture from an "every man for himself" atmosphere to one of teamwork and cooperation.

Pay for Performance Programs and Other Methods of Compensation

In addition to pay for performance programs, companies can reward employees in a number of different ways, including:

  • Bonus programs
  • Commission programs
  • Executive pay programs
  • Individual incentives
Many companies have heard of compensation consulting and wonder what it is and what it can do for them. Compensation consulting is an intricate process of determining the best salary and incentive options for each business. Contact Fox Lawson & Associates, a division of Gallagher Benefit Services, Inc at for more information.

Bonus Incentive Programs

Compensation Consulting

Compensation Management

Compensation Packages

Compensation Plans

Employee Benefits

Employee Bonus Programs

Employee Compensation

Employee Compensation Consulting

Employee Evaluation Forms

Employee Incentive Plans

Employee Incentive Program

Employee Incentives

Employee Motivation Programs

Employee Pay

Employee Performance Evaluation Form

Employee Recognition

Employee Retention Programs

Employee Satisfaction Surveys

Executive Compensation

Executive Compensation Consultant

Executive Compensation Packages

Executive Compensation Plans


Incentive Bonus Programs

Incentive Compensation

Incentive Compensation Management

Incentive Compensation System

Incentive Motivation

Incentive Rewards

Job Assessment

Job Evaluations

Job Performance Appraisals

Job Performance Evaluation

Job Performance Evaluation Forms

Pay For Performance Plans

Pay For Performance Program

Pay For Performance System

Performance Based Pay

Performance Evaluation

Performance Incentive

Stock Option Incentives

Wage And Salary Surveys

What Is Pay For Performance

      >>Private Sector  >>Government Sector  >>Compensation Tools  >>Newsletter  >>News  >>Contact Us  >>Links  >>Ads  >>Home  >>Site Map  >>Legal Information  >>Privacy Policy
F.L.A. - Salary Comaparisons © Gallagher Benefit Services, Inc
All rights reserved

1335 County Road D. Circle East
St. Paul, MN 55109-5260
Phone: 651-635-0976
Fax: 651-635-0980
P.O. Box 32985
Phoenix, Arizona 85064-2985
Phone: 602-840-1070
Fax: 602-840-1071