Search Results for: pay for performance

Social Impact Bonds – A Creative Way To Pay For Performance

New York City Mayor Michael Bloomberg has frequently advocated for evaluating the success of government programs. In continuing his performance based efforts, New York is the first city in the nation to test social impact bonds as a way to pay for government programs. local governments utilize bonds to pay for expensive items such asRead… Read more »

Pay for Performance Could Work?

Pretty interesting article on pay-for-performance. What is your take? How important is pay-for-performance? Part of my hypothesis is that “private sector” does not have a perfect pay system themself. Outside of certain roles like sales, lots of jobs have hard time measuring concrete performance and negotiations is truly what makes higher salaries (not performance). OutgoingRead… Read more »

Pay-For-Performance? I Vote Not Yet

I am a true believer of the following statements: That government employee’s work for less than what they could earn in the private sector. That our best public sector employees should be compensated with the best paychecks. That pay-for-performance is a great concept that should be applied as an incentive to encourage great workplace performance.Read… Read more »

NSPS discusses what’s next as controversial pay-for-performance system ends

Federal News Radio spoke with Tim Curry, the Acting Program Executive Officer of the National Security Personnel System. Curry recently took over after the departure of Brad Bunn. We asked him what comes next as the Department of Defense gets ready to transition out of NSPS. “What we’re looking at is trying to take theRead… Read more »

a talk that debunks effectiveness of pay-for-performance

I found the following talk to be incredibly thought-provoking as it relates to the gov’t’s efforts to increase worker productivity. This speaker shows how traditional incentives don’t work as assumed to when the work requires cognitive skills and creativity. On the contrary, those incentives have the opposite results! I highly recommend this video. Summary: CareerRead… Read more »

Pay-for-Performance or Pay-for-Show Up?

Since this is my first blog entry, I thought I would introduce myself and my organization first and then try to dodge all the tomatoes that may be thrown my way. My name is Jeff Press and I am the Executive Director of the Center for Radical Improvement. The Center is dedicated to bringing passionateRead… Read more »