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Workplace Changes and Performance Pay

DO YOU THINK YOU ARE PAID ENOUGH? (BY SKILLSET) Yes 43% 43% 43% 42% 41% 41% 38% 37% 35% 33% 31% IT Math Sales Engineering Finance/Acc Marketing Security Law Science Healthcare Education VARIABLE PAY, DEPENDENT UPON PERFORMANCE TARGETS (BY COUNTRY) PAID TO PERFORM Norway 32% c Performance-based remuneration UK 30% Sweden 24% is gathering momentum across the globe, with the highest incidence of performance- linked pay in the fast-growing economies of the APAC region, Ireland 26% Denmark 21% O Poland 55% France 36% O Germany 43% Hungary 38% while developed nations such as Canada 40% c Italy 35% China 75% Denmark and Sweden have the US 32% c Portugal 36% o Switzerland 40% o India 67% lowest percentages. Mexico 47% c o Luxembourg 36% o Thailand 75% Interestingly, almost half of all workers worldwide agree they would perform better if their pay was linked to their performance and productivity, however, less than half are rewarded this way. O Netherlands 48% o Hong Kong 62% Puerto Rico 47% c O Belgium 45% O Malaysia 72% Brazil 48% c O Singapore 63% O Indonesia 75% Russia 70% O Australia 29% New Zealand 36% DO YOU THINK YOU ARE PAID ENOUGH? O Sth Africa 50% (BY REGION) Yes Performance-based pay includes any arrangement 45% 32% 43% where an element of the total remuneration 20-29% 30-39% 40-49% 50-59% 60-69% 70-79% package is tied to meeting performance targets and may include profit sharing, performance bonuses and sales commissions. Americas EMEA APAC KELLY

Workplace Changes and Performance Pay

shared by michaelkirsten on Jun 18
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