In the car industry, Mitsubishi Motors wants to abolish its entire seniority-based pay structure this April.
ECONOMIST: Deflation is transforming Japan's annual pay rituals
Performance-based pay drives a culture of success with educators in charter schools, creating excellence among educators.
In an attention-grabbing article in Harvard Business Review, Pink argues that commission-based pay schemes are badly outdated.
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Full-time workers are also unionized and protect their privileges, such as seniority-based pay.
Some companies that used heavy doses of performance-based pay to compensate their chief executives have also been involved in accounting scandals.
This will make it even more necessary to scrap the seniority-based pay system, because keeping older workers on will be prohibitively expensive.
Chief Executive Pedro Pablo Cuevas has introduced performance-based pay to motivate employees, as well as new technology for the chain's data management systems.
There's a loophole in the law for performance-based pay (like options), but the law still stands as a stark statement about pay equity.
The analysis by Equilar, the US-based pay research company, shows chief executive pay at several banks is still significantly lower than its pre-crisis high.
This is a mix of performance-based pay and extra pay for working in jobs that are hard to fill and for taking leadership roles.
Gates didn't say whether the tenure-based pay system and job security favored by unions plays a role, but he wants to figure out a fix.
Rather, he insists, they will transform the Japanese brokerage, though he declines to say whether he will bring in performance-based pay for everyone at Nomura.
Many firms now offer performance-based pay and other incentives, such as stock options, only to certain categories of worker, and keep the performance-related component small.
After all, directors represent shareholders, who naturally favor performance-based pay.
Because of a seniority-based pay system, this puts a huge strain on business costs, leaving less money to provide young people with training and good jobs.
When Fujitsu, a Japanese computer giant, introduced a performance-based pay scheme during the 1990s, it proved so unpopular that the company had to scale it back.
Chinese banks sometimes outbid Western banks because they often offer commission-based pay allowing a sponsor to double his base salary in a good year, the bankers said.
Hitachi and Matsushita, another big consumer-electronics firm, are proposing to end automatic seniority-based pay increases after workers reach a certain age, and to shift to performance-based pay structures instead.
ECONOMIST: Deflation is transforming Japan's annual pay rituals
But here is the really interesting part-again written by an advocate of physician based pay controls: in each respective country, physicians earned as high-or higher-percentage wise than their US based counterparts.
Check Into Cash, a Tennessee-based pay-day lending company, opened its first store in 1993 and now operates a chain of 432 stores in 16 states, including more than 30 in Illinois.
The resulting contract, signed in fall 2009, garnered national attention for its brevity, just 10 pages, and its establishment of a merit-based pay scale instead of guaranteed annual pay raises, prompting charter school administrators to issue a press release.
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She would undo most if not all of the "structural" reforms that have been put in place in recent years--mayoral control, performance-based pay, charter laws and other choice schemes, reliance on entrepreneurship and market incentives, federal efforts to incentivize and prod the system to change in constructive directions, testing- and results-based accountability and more.
In almost every instance, to be honest, both here in the U.S. and in the U.K., objections to pay practices are not based on pay levels but on the relationship between pay and performance.
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The days of subscription-based and pay-to-play online games are numbered as free-to-play games take center stage.
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But because this performance based ads pay more than impressions, Drawbridge captures the difference.
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Companies that use an outcome-based approach pay for results, not by the hour.
UK-based companies pay corporation tax on their taxable profits wherever they are made.
Last week saw the Lithuanian-based owner pay a rare visit to Edinburgh, during which he and Jefferies discussed their plans for the future.
This will manifest itself in companies devoting a lower proportion of pay in time-based equity, like restricted stock, and a higher proportion of pay in performance-based equity, like performance shares.
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Currently, company employees and government workers pay premiums based on income, while the self-employed pay a flat rate.
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