Question

Choose a pay for performance method from the following categories: Individual, Group, or Organizational performance and use the Internet to locate the website of a company which has recently introduced a new pay system. Then assess from the information, the drivers that were making the change necessary for the company, the steps and rationale of the system, implementation steps they utilized, and their results. Be sure to provide any URLs you used as a reference source for your answer

Answer 1

Companies like Bharti Airtel have introduced new payments structures based on Group performance wherein entire team is rewarded based on KPIs achieved and business goals conquered.

The change was largely due to reeling lossess and low employee productivity and morale which led to widescale change which bring overall value addition and net profitability to company. The steps involved in implementation of new system was started with research of industrial standards compensation systems and its key Implications. This helped Bharti Airtel achieve 5% growth in net profitability and 24% rise in customer addition.