Course assignment Coursework Example | Topics and Well Written Essays - 750 words

Course assignment - Course escape Example alert of different technological tools and techniques and they can use their knowledge and skills in their work (Creating a undefeated consummation Compensation System for Educators, 2007). Therefore, we can say that the knowledge base of some of the potential employees is the actual part to implement the instruction execution based stipend. Because these employees can work better as com-pare to others just because of their capabilities (Creating a Successful Performance Compensation System for Educators, 2007).The implementation of performance based profits or compensation packages is measurable in order to reward or appreciate the hard working employees and in order to visit the lazy employees too. It can be negative or positive reinforcement for the employees so that they can work hard in the future or at least they can try to maximize their efforts. prescribed reinforcement can be in the form of prizes while the negative reinforc ement can be in the form of punishments or highlighting the bad performance in the meetings. In other address we can say that in this knowledge worker typesetters case environment, the best and the most appreciated compensation style will be the evaluation based on the performance appraisal. Employees can get warm feedback in the form of rewrads or punishments for their performances. This performance based compensation can also help to snub the likelihood of nay priority or biasness towards any specific employee.If we talk about the major forms of performance based pay styles then usually companies adopt these four major forms of these pay packages. That includes gain sharing, earnings sharing, performance bonuses and the other is the skill based rewards (Jonathan, 2010). The details of all the three forms of performance based pay is given belowThese Performance based bonuses are very widespread, because they are almost basic type of performance-based pay. In order to award suc h bonuses to the employees, a company manager may assess the