Is Pay for Performance: Incentive Based

Abstract

The proposed study has been examine the impact of pay for performances on the employee motivation, retention and attrition, employee productivity as well as the creativity and innovation in different sectors of an economy. This research has started to conduct an analysis from the above said objectives and by making the best use of the existing resources of data. We have been conducted this research to make a new framework for the performance based system and the relation between work satisfaction and corporate performance through the primary data gathered. It has been enhanced the capabilities of employees and sustain the work pressure as well. Chi square statistical tool applied for analysis and to achieve the desired objective. Primary data gathered for research work through questionnaires.

Keywords: Pay, Performance, Remuneration, Recruitment