The credibility of the pay for performance argument actually increased when the recession began in 2008.
The arguments justifying high levels of executive compensation usually cite pay for performance and scarcity of talent.
This year, as we look forward, we anticipate that pay for performance will continue to take center stage.
FORBES: 2012 Say on Pay Predictions: How Are They Shaping Up?
Without a doubt, things are evolving in the realm of pay for performance.
FORBES: How Compensation Committees Are Preparing for the 2013 Proxy Season
First, he took on the teachers' unions by proposing more pay for performance (the unions like the extra pay, but not the strings attached).
Pay for performance programs: Providers can be financially rewarded for better outcomes in various situations such as reducing hospital errors and minimizing near-term hospital readmissions.
Another sign of pay for performance being a reality is that bonuses fell the fastest in those industries which experienced the steepest fall in profits.
Does he or she know that it is important to tackle the performance side of the pay for performance equation, and not just the pay side?
With a "pay for performance" plan, a doctor would receive a fixed rate for, say, fixing someone's knee, eliminating the incentive to order up lots of unnecessary test.
Compensation Committees will continue to focus on pay for performance.
FORBES: 2012 Say on Pay Predictions: How Are They Shaping Up?
Entrepreneurs by definition work on a pay for performance basis.
FORBES: 'No Budget, No Pay' - Forcing Our Elected Officials To Work On 'Pay for Performance'?
The fact that investors have identified pay for performance as one of their most significant concerns is no small contributor to the increased focus that it is receiving.
FORBES: How Compensation Committees Are Preparing for the 2013 Proxy Season
First, if ISS and the company disagree on the integrity of the pay for performance relationship, and therefore, the Say on Pay vote, then investors will need to sort out why.
FORBES: Who Should Investors Believe When It Comes to Peer Groups?
The figures illustrate Berkshire's willingness to pay for performance.
It adds a pay for performance overlay that allows the agency to earn up to a 23% margin when meeting a performance criteria that includes Agency Evaluation Score, Specialist Metrics, MarCom Metrics, and Business Performance Metrics.
This came from BellSouth, and they're - BellSouth's William Smith told reporters that he would like the Internet to be turned into a pay for performance marketplace where his company would be allowed, for example, to charge Yahoo!
In an interview with Forbes this afternoon, CEO Mike Smerklo notes that the company uses a 100% pay for performance model: the company take a small slice of the additional revenues generated by the companies that use the service.
Just the other day, I had a client that was coming under attack by ISS on its pay for performance test, with ISS claiming that the company was overpaying relative to the peer group that it had independently selected.
FORBES: Who Should Investors Believe When It Comes to Peer Groups?
Finally, Compensation Committees will ask their consultants to analyze their relationship between pay and performance well in advance of their proxy going to print in order to address key issues and ensure that shareholders appreciate their pay for performance story.
FORBES: 2012 Say on Pay Predictions: How Are They Shaping Up?
My hope is that all banks will not only comply with the letter of the law, but also with the spirit of it as well, offering reasonable pay for performance, as well as pay that is appropriately sensitive, or leveraged, to performance.
FORBES: Lessons Learned in the Aftermath of the Banking Crisis
There are certainly people who fall into different camps on certain issues, for example people who want to use pay for performance based on test scores, school-choice advocates, people who think reading should be taught by using phonics, people who think there should be no homework, and on and on and on.
Perhaps less frequently noted are the pay plans that provide such a big performance incentive for individuals that they can lead people to take risky and even illegal actions in order to make their pay -for-performance compensation plans pay off.
FORBES: Outrageous Executive Compensation: Corporate Boards, Not the Market, Are to Blame
The other 90% of clients operate on a pay-for-performance model and do not pay Achievers unless the employees receive points for hitting their goals or driving business results.
FORBES: Achievers Gets Sequoia's Capital To Boost Employee Engagement
The new partners pay employees for performance rather than seniority.
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