Usage of Person-Focused Pay Programs
2 Describe the usage of person-focused pay.
A wide variety of employers have established person-focused pay programs.3 Some targeted studies and anecdotal information suggest that companies of various sizes use person-focused pay programs. Many of the companies known to be using this kind of pay system employ between approximately 150 and 2,000 employees, the majority operate in the manufacturing industry, and the average age of the companies is approximately 10 years.4 This study also conjectures that hundreds of Fortune 1,000 firms use skill-based pay for its manufacturing or production workers. There is limited published evidence regarding the effectiveness of person-focused pay plans. One study found ...
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