Performance Related Pay

Human resource management is defined as 'the part of the management process that specializes in the management of people in work organization. It emphasizes that employees are the primary resource for gaining sustainable competitive advantages, that human resources activities need to be integrated with the corporate strategy...' (Bratton & Gold, 1994, p5) Human resource management has become an important tool in today's business environment, with organizations looking forward to enhancing productivity through effective employee management. In recent years there has been an increase…