Purpose and benefits

As the war for talent intensifies, the need to match pay to achievement is now greater than ever.
The history of performance-related pay is variable, and even today, the efforts of many public sector service workers are not involved in performance-related bonuses. This trend is set to change.
Performance-related pay and bonus schemes may vary between senior managers and other levels.
There are several critical factors that determine the success, failure, or overall effectiveness of performance-related schemes, and these are reviewed in this section.