Review Case Study 10-1, ‘Making the Case for a CP Plan at Architects, Inc.’, on page 289 of the textbook. Assess the benefits and risks involved in introducing a CP plan at Architects, Inc

Solution:

As described Aguinis (2013), a good contingent pay (CP) can significantly help in improving in improving employee motivation. This is primarily for the purpose of accomplishing goals as well as objectives that are in sync with the needs of the organizations. More precisely, as asserted by Weitz et al (2006), CP plans usually have the potential of helping people to change behaviors as well as improve performance. Taking this into consideration, recent surveys have shown that performance management systems are typically more effective when the results are tied directly to the reward system of the organization. Additionally, Sydor (2010) states that CP plans usually force most of the organizations to define clearly effective performance as well as to determine the factors that are likely to result to effective performance.

When it comes to Architects, INC, it is a larger commercial architectural firm specializing in the design of various structures. The company has introduced a CP plan in an attempt of improving the performance of the employee. Taking this into consideration, I strongly believe that implementing the CP by the company is a good idea. Specifically, as earlier stated, I think that performance management systems become effective when linked to the reward system of an organization. In my organization, the reward system is usually considered the main components…Please click the Paypal icon below to purchase full solution for only $10