Performance Standards & Performance Incentives

1.Performance Standards

Describe the relevance of performance standards for today’s knowledge-directed workers, and how their use will result in a more competitive compensation and benefit strategy.

2.Performance Incentives

Compare and contrast when it would be preferable to motivate employee performance through short-term incentives versus long-term incentives, and vice-versa.

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Budget Legislation Once the budget has been prepared by the various agencies, it is often moved forward to the legislative body for authorization. The legislation process can result in unintended outcomes and restrictions. Search the internet and news reporting services for a story on an unintended outcome of interest to you and answer the following questions: How did politics shape the outcome in unexpected ways? Did “pork” spending or “apportionments and allotments” budget amendments affect the legislation? Did a mid-year crisis or change in revenue expectations substantially impact the budget legislative action? Performance Budgeting Performance budgeting has been attempted at the local level in recent years. Address the issues of performance budgeting while answering the following questions: What attributes of performance budgeting make it particularly suitable to local government budgeting? Will the same attributes be as useful at the federal level? Respond to at least two of your classmates’ postings.
how effective are incentives
Incentives
Consider the ethics of change – if you are a Canadian company owner expanding your business abroad, whose work standards should you follow in the new location (Canadian? the local standards? or both?) how and why?
Measuring Performance Standards – Trends
Measuring Performance Standards: Trends
Develop an employee performance evaluation for this organization that connects patient satisfaction with employee performance.
The Pay-For-Performance initiative was designed to incentivize quality improvement in healthcare. This plan is controversial and there are many mixed opinions about its effectiveness. In 2-3 pages, discuss a minimum of two pros and two cons to the CMS Pay-for-Performance program.
Imagine that your school or center has adopted performance assessment to measure student growth. Your principal or director has asked you to create a letter for your students’ parents explaining performance assessment.
Which metric does a project manager have most control over: cost variance, schedule variance, cost performance index, and schedule performance index? Explain how so. Which one does a project manager have least control over?

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