This paper examines how experience, research and analysis of the
corporate world and its practices reveal that
paying for
performance systems are crucial to the success of an
organization and are essential for a constant development of its
workforce. It looks at how paying for performance is relatively a new term when compared to "performance
appraisal" though both terms can be used interchangeably and have similar meaning in the corporate world. Outline Overview of the Topic Under Discussion Historical Overview of Paying for Performance Pages Recent Developments in the Related Field Pages Future Direction and Application Pages Conclusion Pages