DOI: 10.5176/2010-4804_2.3.238
Authors: Petr Petera, Jaroslav Wagner, Michal Menšík
Abstract:
In this paper we outline our research and present final results of our empirical investigation (survey), which was conducted among the biggest Czech companies and aimed at the quality (maturity) of their performance measurement and management system (PMMS) in connection with rewards system (RS). The paper is focused on the part of the survey dealing with rewarding of employees in relation to performance measurement. Descriptive statistics are given and weaknesses of rewards systems implemented in the analyzed companies are
identified and some generalizations are made. Degree of utilization of the total rewards approach (TRA) is discussed. We also discuss correlation of indices which we constructed for
evaluation of the quality of the implemented rewards system with subjective evaluation of these systems.
Keywords: performance evaluation, rewards for performance, total rewards
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