Rewarding Failure: Performance Related Pay in a Pharmaceutical research and Development Company

K. Randle

Working Papers from University of Hertfordshire - Business Schoool

Abstract: There appears to be widespread acceptance amongst employees of the "fairness" of the principle of paying for performance and this is reflected in the attitudes of white color employees at phamax. At the same time there are enormous and increasingly well-documented problems in implementing Performance Related Pay (RPR). It remains to be seen whether organiastions can solve paradoxes in the reward element of performance management systems (and the prognosis does not look good) or whether dysfunctional side effects will sooner or later relegate therm to the scap heap pay systems.

Keywords: PHARMACEUTICAL INDUSTRY; WAGES; RESEARCH (search for similar items in EconPapers)
JEL-codes: J31 L65 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:hertbu:1996:1

Access Statistics for this paper

More papers in Working Papers from University of Hertfordshire - Business Schoool University of Hertfordshire, School of Business, Hertford Campus, Mangrove Road Hertford SG13 8QF, UK.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().