1300 55 66 77About Ai GroupWorkplace Advice LineMediaContact Us
Ai Group/Resources/Human Resources/Remuneration and Reward/Elements of Remuneration/The role of key performance indicators in remuneration

The role of key performance indicators in remuneration

Topic: Workplace Relations

Need more help?

1300 55 66 77
info@aigroup.com.au
Updated 01 Nov 2023Print this page
Many organisations choose to implement a remuneration strategy that links performance to pay. This generates a culture whereby employees feel that they can be a part of the business success and in theory will generate higher effort to reach those rewards. Whilst it may appear that a pay for performance system can create a winning scenario for both parties, this is not always the case. The success of any pay for performance program is contingent upon the design and implementation of appropriate, measurable, and balanced metrics/Key Performance Indicators (KPIs).

This content is available to Ai Group members only

Ai Group members receive unlimited access to Ai Group Resource Centres by simply logging into our website. If you are a member and do not have log in credentials then please email us at info@aigroup.com.au

Our members enjoy access to the highest quality workplace relations, health & safety, and business advice, resources and support. They are represented by a powerful voice that influences the policy changes needed for Australian industry to thrive.

To become a member of Ai Group and get access to Ai Group Resource Centres and countless other services to help your business. please contact us or call 1300 55 66 77. To learn more about the benefits of membership visit our Why Join page.

More From Ai Group
Related Sites
Follow Us
  • Twitter
  • LinkedIn
  • Facebook
  • Instagram
1300 55 66 77Weekdays 8:30am - 5:30pm AEDT