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Performance-related pay

Article Abstract:

Performance-related pay schemes are geared to rewarding effort directly with additional pay. Pay may be linked to profits or output, and employees may be rewarded as individuals or as part of a group. Only some 20% of United Kingdom employees were affected by performance-related pay in 1996, according to the New Earnings Survey. These schemes tend to be used in larger companies and for short-term contracts, and they tend not to be used where labor unions are strong. They do appear to be associated with rises in employee productivity.

Management, Economic aspects, Wages, Wages and salaries, Employee performance appraisals, Performance appraisals, Merit pay

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Section 6: Industrial relations and employment; unemployment: meaning and measurement

Article Abstract:

It is agreed that defining unemployment is difficult as there are varying degrees and conditions of being out of work. There are various types of unemployment used by economists, they use terms such as structural and demand deficient unemployment. The UK figures are obtained by counting those who have notified a government department that they are out of work. One method of counting includes those looking for work for one month, and able to start a new job within a fortnight.

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The measure and structure of unemployment

Article Abstract:

The key features of unemployment in the UK are discussed. There is a higher rate of unemployment in all ethnic minority groups than among Whites, but there are also significant variations between groups. Around 25% of unemployed people have no qualifications, compared with 17% of working-age people as a whole.

Demographic aspects

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