There appears to be widespread support for performance-based pay, according to a recent survey by Kelly Services.
In the latest findings from the Kelly Global Workforce Index, almost two-thirds of employees (63%) have a proportion of their pay tied to individual performance or productivity targets, a figure 19% higher than the global average. Among those not on performance-based pay, 61% say they would be more productive if they had their earnings linked to performance outcomes.
The findings showed that when asked to choose between pay for overtime worked and pay for performance, almost two-thirds (63%) elected pay for performance. The incidence of performance pay is higher among those with professional or technical jobs (67%), and is also higher among males (67%) than females (58%).
Across professional and technical job sectors, the highest occurrence of performance-based pay is in Sales (83%), education (77%), and IT (72%) positions.