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What is the payment-by-results schemes?

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Question ajoutée par Saifeldin Osman Ali , Human Resources Consultant , Aldoha investment CO LTD Sudan
Date de publication: 2016/04/04
Saifeldin Osman Ali
par Saifeldin Osman Ali , Human Resources Consultant , Aldoha investment CO LTD Sudan

Payment-by-result (PBR) schemes provide

incentives to workers by relating their pay

or, more usually, part of their pay to the

number of items they produce or the time

taken to do a certain amount of work. The

main types of PBR or incentive schemes for

individuals are piece work, work measured

schemes, measured day work and performance-

 

related pay.

Ahmed Mohamed Ayesh Sarkhi
par Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

agree with ur answer      .

Vinod Jetley
par Vinod Jetley , Assistant General Manager , State Bank of India

Payment by Results (PbR) is type of public policy instruments where payments are contingent on the independent verification of results. It is being actively promoted by a number of governments for more effective implementation of domestic policy.

There is also increasing interest in the field of international development, where PBR is often referred to either as 'results-based aid' (where the funding relationship is between a donor and a recipient country) or 'results-based financing' (where the funding relationship is between a developing country government or a development agency, and public or private sector providers). There are also a number of other terms in use which can often lead to confusion and a lack of clarity.

PbR instruments have three key features:

  • Payments for pre-agreed results
  • Recipient discretion over how the results are achieved
  • Independent verification as the trigger for disbursement

Ajai Kumar Illikkal
par Ajai Kumar Illikkal , Accounts Manager , Advanced Fiberglass Industry LLC

Payment by Results' (PbR) is the practice of paying providers for delivering public services based wholly or partly on the results that are achieved. It is a relatively new model for paying for public services.

Rami Assaf
par Rami Assaf , loading and Storage Operations Supervisor , Arab Potash Company

Thanks for invitation

I amagreeing with my colleague’s answer Mr vinod  

د Waleed
par د Waleed , Management - Leadership-Business Administration-HR&Training-Customer Service/Retention -Call Center , Multi Companies Categories: Auditing -Trade -Customer service -HR-IT&Internet -Training&Consultation

I believe the given answers have covered the question .. Variety of correct definitions ... I would agree with that !

 

Thank You

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